Alibaba Fined Nearly $2.8 Billion For Monopoly

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Alibaba Fined Nearly $2.8 Billion For Monopoly

Pedestrians walk past the Alibaba headquarters building in Beijing, China, April 10, 2021. 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
  • ILEA000564008
  • Registered date
  • 2021/4/10 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
  • Media size
  • 1920 × 1080 pixel
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  • 11.20(MB)*
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  • CHINA OUT
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              Alibaba Fined Nearly $2.8 Billion For Monopoly

              A view of the Alibaba headquarters building in Beijing, China, April 10, 2021. 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.

                Alibaba Fined Nearly $2.8 Billion For Monopoly

                A view of the Alibaba headquarters building in Beijing, China, April 10, 2021. 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.

                  Alibaba Fined Nearly $2.8 Billion For Monopoly

                  A view of the Alibaba headquarters building in Beijing, China, April 10, 2021. 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.