> > > > Alibaba Group was hit with the highest-ever antitrust fine imposed in > China when the country’s regulator announced on Saturday ( > http://www.samr.gov.cn/xw/zj/202104/t20210410_327702.html ) that it had > slapped a fine of 18.2 billion yuan ($2.8 billion) on the Hangzhou-based > tech giant. The penalty is equivalent to about 4% of Alibaba’s domestic > revenue in 2019. > > > > > China’s State Administration for Market Regulation (SAMR) said that > Alibaba had abused its market dominance when it punished merchants if they > didn’t sell their merchandise exclusively on its platforms. Since 2015, > Alibaba has been punishing merchants if they used rivals’ sites through a > practice dubbed “er xuan yi,” which means “choose one out of two.” > >
https://www.forbes.com/sites/robertolsen/2021/04/10/jack-mas-alibaba-hit-with-28-billion-fine-for-abusing-its-dominant-market-position/?sh=5658280337d1&fbclid=IwAR36MF_3woivoHnjTaW5-OKR7Qahv1HzDDS3HgJc7msECGKhi3ajGYT4gXc -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#7936): https://groups.io/g/marxmail/message/7936 Mute This Topic: https://groups.io/mt/82025861/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
