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Alibaba stock slumps as China launches antitrust investigation
Aggregated Source: ChinaLegalBlog.com

More Alibaba stock slumps as China launches antitrust investigation The State Administration for Market Regulation , China’s top market regulator, said Thursday that it would probe alleged monopolistic behavior by Alibaba, Jack Ma’s online shopping and cloud computing giant. It gave few details but said it would investigate the company’s practice of requiring merchants to sign agreements that prevent them selling products on rival platforms, known as “choosing one from two.”…

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