Alibaba Fined Nearly $2.8 Billion For Monopoly

Alibaba Fined Nearly $2.8 Billion For Monopoly

Photo taken on March 13, 2021 shows the Alibaba Cloud Feitian Park in Xihu District, 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
  • ILEA000311864
  • Registered date
  • 2021/3/13 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • Lu Hongjie / CFOTO
  • Media size
  • 4928 × 3280 pixel
  • Resolution
  • 300 dpi
  • Deployment size
  • 3.02(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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