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China finds 43 anti-trust law violations involving Alibaba, Baidu, JD.com

Enterprises involved in the cases would be fined 500,000 yuan ($78,000), it said.

November 20, 2021 / 08:41 AM IST
Alibaba (Source: Reuters)

Alibaba (Source: Reuters)

China’s State Administration of Market Supervision found 43 cases that violated regulations under antimonopoly legislation, involving companies including Alibaba, Baidu and JD.com, and imposed penalties, according to a notice from the regulator.

Enterprises involved in the cases would be fined 500,000 yuan ($78,000), it said.
Reuters
first published: Nov 20, 2021 08:40 am
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