Expert view: China's Alibaba hit with record $2.75 billion antitrust fine

Expert view: China's Alibaba hit with record $2.75 billion antitrust fine

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-china-alibaba-instant-view/expert-view-chinas-alibaba-hit-with-record-2-75-billion-antitrust-fine-idUSKBN2BX029

Chinese regulators said on Saturday they have fined Alibaba Group Holding Ltd a domestic record $2.75 billion for antitrust violations, amid an unprecedented regulatory crackdown on Jack Ma's company and other technology conglomerates.