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Chinese regulators slap Alibaba with record $2.75bn fine
Aggregated Source: ChinaLegalBlog.com

The company, owned by billionaire Jack Ma, one of China’s most successful entrepreneurs, has been accused of abusing its dominant market position for several years. Photo: Reuters/Thomas Peter Online retail giant Alibaba Group Holding ( BABA ) received a record $2.75bn (£2bn) fine on Saturday from Chinese regulators for anti-monopoly violations.…

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