Accused of failing to provide information on 43 acquisitions eight years ago Technology companies fined Rs 59 lakh for each offense under anti-monopoly proceedings BEIJING: Technology companies in China are facing increasing difficulties. The government has fined several technology giants, including Alibaba Group and Tencent Holdings, under anti-monopoly action. This penalty is for non-disclosure of corporate acquisitions. According to the State Administration for Market Regulation, companies have failed to report 43 acquisitions eight years ago under the rules of 'Optional Concentration'. The government department said in a statement that a fine of 5 lakh yuan (about Rs 59 lakh) was…