Monday, December 14, 2020

China’s Alibaba, Tencent unit fined under anti-monopoly law


HONG KONG (AP) — China’s market regulator on Monday said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions. It also is launching a review of a merger of two online streaming platforms in the latest tightening of controls over the internet sector. In a […]

source https://www.seattletimes.com/business/chinas-alibaba-tencent-unit-fined-under-anti-monopoly-law/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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