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Tencent Spared Amid China Tech Monopoly Crackdowns

Tencent Spared Amid China Tech Monopoly Crackdowns Commentary The Chinese regimeĀ fined AlibabaĀ $2.8 billion under its ā€œanti-monopoly law,ā€ highlighting the regime’s comprehensive review of mainland internet companies. However, Tencent, another monopolistic internet company in mainland China, was only fined $311,610, mere pennies for a mega-corporation like Tencent. The CCP’s biggest grievance with Alibaba is that it has grabbed a very big slice of the CCP’s precious banking and fina...
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