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Chinese Authorities Fined Alibaba $2.8 Billion for Violating Antitrust Rules
Aggregated Source: ChinaLegalBlog.com

China’s State Administration for Market Regulation has imposed the largest corporate fine in the country’s history on Alibaba , which is 18.22 billion yuan ($2.78 billion), for violating antitrust laws, according to the regulator’s website .

The fine that Alibaba must pay has become a record for the country.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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