antitrusting a country's biggest E-commerce platform
An old, yet interesting news from the archive China Fines Alibaba $2.8 Billion in Landmark Antitrust Case The penalty is the biggest move to date in China’s campaign to tighten supervision of its internet Goliaths. By Raymond Zhong, NY Times, April 9th, 2021. By hitting the e-commerce titan Alibaba with a record $2.8 billion antitrust fine on Saturday, Chinese officials sent a message to the country’s high-flying internet industry: We’ve got our eyes on you. ...
