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Chinese Regulators Considering Huge Fine Against Alibaba

By
Martin Peers
· · Source: The Wall Street Journal

Chinese regulators are considering fining Alibaba more than $975 million over anticompetitive practices, the Wall Street Journal reported. At the same time, the government will force Alibaba to end a practice under which the company has penalized merchants for selling items on both Alibaba and rival ecommerce sites. The government is also considering weather to require Alibaba to divest some...

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