Alibaba Group fined 18.228 billion yuan

On April 10, the State Administration of Market Supervision imposed administrative sanctions on Alibaba’s “choose one” monopoly in the domestic online retail platform service market. The State Administration of Market Supervision ordered Alibaba Group to stop illegal activities and imposed a fine of 4% of its domestic sales of 455.712 billion yuan in 2019, totaling …

Alibaba Group fined 18.228 billion yuan Read More »