Alleged Monopolistic Practices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

23 December 2020, 10:09 pm EST By
China Launches Investigation Into Alibaba for Alleged Monopolistic Practices 
(
Screenshot From ColdFusion YouTube
)
China has recently started an investigation into the alleged monopolistic practices over at Alibaba Group Holding Ltd. and even summoned the affiliate Ant Group Co. towards a high-level meeting regarding financial regulations. This then escalated scrutiny over the known twin pillars of China s popular Jack Ma s internet empire.
Alibaba antitrust lawsuit
According to the story by Bloomberg, the official State Administration for Market Regulation is now investigating Alibaba, the top known antitrust watchdog said in its statement without revealing further details. Regulators that include the central bank as well as the banking watchdog will then separately summon the affiliate An ....

New York , United States , Coldfusion Youtube , Hong Kong Ali Baba , Jack Ma , Urian Buenconsejo , Ant Group Co , Government Radio Networks , Softbank Group Corp , China Inc , Alibaba Group Holding Ltd , New York Times , Administration For Market Regulation , Tencent Holdings Ltd , China Launches Investigation Into Alibaba , Alleged Monopolistic Practices , Screenshot From Coldfusion Youtube , Alibaba Group Holding , Ant Group , State Administration , Market Regulation , Tencent Holdings , Hong Kong , Motorola Sealed , Will Build Five Government Radio , Illegal Streaming ,