Chinese regulators initiate anti-monopoly investigation into Alibaba
JURIST
DECEMBER 25, 2020
China’s market regulator, the State Administration for Market Regulation, Thursday stated that based on reports they have launched an investigation into billionaire Jack Ma’s Alibaba Group Holdings for “suspected monopolistic conduct.” The State Administration of Foreign Exchange, China Banking Regulatory Commission, China Securities Regulatory Commission and The People’s Bank of China have also called Alibaba’s financial affiliate Ant Group for supervisory an
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