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Alibaba Fined Record $2.8bn by Chinese Regulators

by bondevalue | Apr 12, 2021 | China, Investment Grade Bonds

Chinese regulators fined Alibaba a record $2.8bn on anti-monopolistic practices. As per regulators, Alibaba restricted competition by not allowing sellers use other platforms. Alibaba accepted the fine and said it was unaware of any other probes by the regulator. Some...

Alibaba Fined Record $2.8bn by Chinese Regulators

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