China fines Alibaba record $2.75 billion for anti-monopoly violations

Upworthy

10 Apr 2021 0 shares 3 views

Upworthy

Published 10 Apr 2021

China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found...

China: Alibaba Hit With Record $2.8 Billion Fine For Antitrust Violations In China - Dentons

On April 10, 2021, the State Administration for Market Regulation, the national antitrust enforcement agency of China, released its..

Mondaq 14 Apr 2021

On April 10, 2021, the State Administration for Market Regulation (SAMR) imposed a fine of RMB18.228 billion (USD 2.8 billion)..

Mondaq 12 Apr 2021