April 13, 2021 ‘Heed the warning’: Beijing summons 34 tech firms after record Alibaba fine The comments come days after ecommerce giant Alibaba was fined nearly $2.8 billion for abusing its dominant market position

Chinese regulators have warned 34 technology giants—including Baidu and Tencent—to “rectify” any anti-competitive measures, a statement said Tuesday, days after e-commerce giant Alibaba was fined nearly $2.8 billion for abusing its dominant market position.…

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