2 dagar sedan · Record Alibaba Fine Shows China’s Big Tech Can’t Fight Back By . Coco Liu, April 11, 2021, 8:23 AM EDT The $2.8 billion penalty allows e-commerce giant to move on

China has ordered Alibaba to pay a record fine of 18.2 billion yuan ($2.8 billion) after antitrust regulators concluded that the online shopping giant had been behaving like a monopoly.

The probe's main focus was 2 dagar sedan · Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country's anti-monopoly regulator. Regulators slapped a $2.8bn fine after a probe determined that it had 2021-04-10 · The fine is 4% of Alibaba's total 2019 sales in China — which was 456 billion yuan, or over $69 billion. In a press release issued Saturday, Alibaba said it would accept the fine and "ensure its 2021-04-10 · The world's biggest online retailer - China's Alibaba - has been hit with a record fine equivalent to $2.75bn (just over £2bn). Regulators in China said the internet giant had abused its dominant 2021-04-10 · China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market 2021-04-10 · Chinese regulators have hit e-commerce company Alibaba with a fine of 18.2bn yuan (US$2.78bn) over practices deemed to be an abuse of its dominant market position, according to state-run media 2021-04-10 · Alibaba was fined for “abusing its dominant position” to limit competition by retailers that use its platforms and hindering “free circulation” of goods, the State Administration for Market Regulation announced. It said the fine was equal to 4% of its total 2019 sales of 455.712 billion yuan ($69.5 billion). 2021-04-10 · China slapped a record $2.8 billion fine on Alibaba Group Holding Ltd. after an anti-monopoly probe found it abused its market dominance, as Beijing clamps down on its internet giants.

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1 dag sedan · Alibaba Fine Explained Alibaba’s Hong Kong share class gained +6.52% after Saturday’s announcement from the State Administration of Market Regulation fined Alibaba $2.78B fine (RMB 18.2B) for 1 dag sedan · Alibaba is trying to draw a line under accusations that it behaved like a monopoly after Chinese regulators hit the online shopping giant with a record fine over the weekend. But that doesn't mean 2 dagar sedan · The world's biggest online retailer - China's Alibaba - has been hit with a record fine equivalent to $2.75bn (just over £2bn).

Ma's wealth soars $2.3bn after China imposes milder Alibaba fine. → Al Jazeera 23:43. The $2.8bn fine imposed on Alibaba Group Holding Ltd by China's

The fine was nearly three times the 6.1 billion yuan penalty paid by Qualcomm 2 dagar sedan · Ma’s wealth soars $2.3bn after China imposes milder Alibaba fine. China’s $2.8bn fine is less severe than some investors feared and is based on only 4 percent of Alibaba’s 2019 domestic 2021-04-10 · China hits Alibaba with record $2.78bn fine for market abuses SHANGHAI- Agence France-Presse.

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China’s $2.8bn fine is less severe than some investors feared and is based on only 4 percent of Alibaba’s 2019 domestic 2021-04-10 · China hits Alibaba with record $2.78bn fine for market abuses SHANGHAI- Agence France-Presse.

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