Alibaba Fined Nearly $2.8 Billion For Monopoly

Alibaba Fined Nearly $2.8 Billion For Monopoly

Photo taken on April 10, 2021 shows the Alibaba logo at the headquarters of Alibaba in Hangzhou, Zhejiang province, China. The State Administration for Market Regulation slapped Alibaba with a hefty fine of nearly $2.8 billion for alternatively monopolistic practices. Alibaba issued an open letter: punishment is a wake-up call and spur, will create a more open platform environment.

  • Product Code
  • ILEA000311610
  • Registered date
  • 2021/4/10 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • Long Wei / CFOTO
  • Media size
  • 3147 × 2093 pixel
  • Resolution
  • 300 dpi
  • Deployment size
  • 1.62(MB)*
  • Special instruction
  • China Out
    **The text may be generated by an automatic translation system**

*File size when opened in Photoshop, etc.

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