Saturday 10 April 2021

China hits Alibaba with record $2.78bn fine for market abuses

Chinese regulators hit e-commerce giant Alibaba with a record 18.2 billion yuan ($2.78 billion) fine on Saturday over practices deemed to be an abuse of the company's dominant market position.

source https://techxplore.com/news/2021-04-china-alibaba-278bn-fine-abuses.html