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Sunday, Oct 17, 2021

China fines internet giant Alibaba for 'abusing its dominant position'

China fines internet giant Alibaba for 'abusing its dominant position'

The Alibaba Group, the world's biggest e-commerce company, was fined €2.3 billion by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries.
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