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Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations
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Beijing , China , Shanghai , Hong-kong , Chinese , Ma-alibaba , Hong-hao , Shi-jianzhong , Jack-ma , Ant-group , International-in-hong-kong , China-state-administration-for-market-regulation

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations
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Beijing , China , Shanghai , Hong-kong , Chinese , Ma-alibaba , Hong-hao , Shi-jianzhong , Jack-ma , Ant-group , International-in-hong-kong , China-state-administration-for-market-regulation

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations
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Beijing , China , Shanghai , Hong-kong , Chinese , Ma-alibaba , Hong-hao , Shi-jianzhong , Jack-ma , Ant-group , International-in-hong-kong , China-state-administration-for-market-regulation

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations

Jack Ma's Alibaba fined $2.75 billion for anti-monopoly violations
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Beijing , China , Shanghai , Hong-kong , Chinese , Ma-alibaba , Hong-hao , Shi-jianzhong , Jack-ma , Ant-group , International-in-hong-kong , China-state-administration-for-market-regulation

RPT-UPDATE 6-China fines Alibaba record $2.75 bln for anti-monopoly violations

RPT-UPDATE 6-China fines Alibaba record $2.75 bln for anti-monopoly violations
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News 2021 - China fines Alibaba record $2.75 billion...

News 2021 - China fines Alibaba record $2.75 billion...
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China Imposes $2.75 Billion Fine on Alibaba for Anti-Monopoly Violations

China Imposes $2.75 Billion Fine on Alibaba for Anti-Monopoly Violations
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Chinese regulators fine Alibaba record $3.7b


Chinese regulators fine Alibaba record $3.7b
Matthew Walsh, Qian Tong and Yuan Ruiyang
Apr 11, 2021 – 9.47am
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Beijing | China’s market regulator said on Saturday it had fined Alibaba Group
a record 18.2 billion yuan ($3.7 billion) for violating antitrust laws, marking a seismic moment in the government’s quest to rein in monopolistic behaviour by online platforms.
A four-month investigation by the State Administration of Market Regulation (SAMR) concluded that the e-commerce titan unfairly squeezed out competition among online retail platforms by forcing vendors to choose between its services and those of its rivals.
China’s authorities have been cracking down on its home-grown financial titans, such as Alibaba’s Jack Ma.  

China , Shanghai , Hong-kong , Chinese , Shi-jianzhong , Ant-group , People-daily , National-development , Reform-commission , Qualcomm , Antitrust-law , Anti-monopoly-law

China fines Alibaba record Sh292.4billion for anti-monopoly violations

China fines Alibaba record Sh292.4billion for anti-monopoly violations
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China fines Alibaba record $2.75 bln for anti-monopoly violations


Article content
SHANGHAI — Chinese regulators have fined Alibaba Group Holding Ltd 18 billion yuan ($2.75 billion) for violating anti-monopoly rules and abusing its dominant market position, marking the highest ever antitrust fine to be imposed in the country.
The penalty, equivalent to around 4% of Alibaba’s revenues in 2019, comes amid an unprecedented regulatory crackdown on the home-grown technology conglomerates in the last few months that have weighed on company shares.
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China fines Alibaba record $2.75 bln for anti-monopoly violations Back to video
Alibaba’s billionaire founder Jack Ma’s business empire has been particularly put under intense scrutiny after his stinging criticism of China’s regulatory system in late October.

China , Hong-kong , Chinese , Himani-sarkar , Sumeet-chatterjee , David-stanway , Yilei-sun , Hong-hao , Cheng-leng , Shi-jianzhong , Josh-horwitz , International-in-hong-kong