BEIJING (AP) — Companies including internet giants Alibaba and Tencent were fined Wednesday by anti-monopoly regulators in a new move to tighten control over their fast-developing industries. In 22 cases, companies were fined 500,000 yuan ($75,000) each for actions including acquiring stakes in other companies that might improperly increase their market power, the State Administration […]
source https://www.seattletimes.com/business/china-fines-internet-giants-in-anti-monopoly-cases/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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