Exclusive: China readies Tencent penalty in antitrust crackdown- sources
https://www.reuters.com/article/us-china-tech-antitrust-tencent-exclusiv/exclusive-china-readies-tencent-penalty-in-antitrust-crackdown-sources-idUSKBN2CG098
China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country's internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said.
Exclusive: China readies Tencent penalty in antitrust crackdown- sources
Apr 29, 2021, 4:21am UTC
https://www.reuters.com/article/us-china-tech-antitrust-tencent-exclusiv/exclusive-china-readies-tencent-penalty-in-antitrust-crackdown-sources-idUSKBN2CG098
>China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country's internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said.