Page 171 - சீனா பத்திரங்கள் ஒழுங்குமுறை தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese regulators hit Alibaba with a 18.23 billion yuan ($2.8 billion) fine in its anti-monopoly investigation of the tech giant, saying it abused its market dominance. The probe’s main focus was a practice that forces merchants to choose one of two platforms, rather than being able to work with both. The company said in a statement it accepted the penalty and will comply with the regulator’s determination. Chinese regulators hit Alibaba with a 18.23 billion yuan ($2.8 billion) fine in its anti-monopoly investigation of the tech giant, saying it abused its market dominance. Regulators opened a probe into the company’s monopolistic practices in December. The investigation’s main focus was a practice that forces merchants to choose one of two platforms, rather than being able to work with both.

Hong kongArjun kharpalEunice yoonEvelyn chengJack maAnt groupChina securities regulatory commissionChina state administration for market regulationState administrationMarket regulationIndustrial ageஹாங் காங்அர்ஜுன் கற்பால்யூனிஸ் யூன்ஈவ்லின் செங்பலா மா