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Chinese market regulator SAMR has fined Alibaba, Tencent and SoftBank for breaking the Anti-Monopoly Law

July 12, 2022
Source: techiai.com techiai.com
News Snapshot:
Technology Chinese market regulator SAMR has fined Alibaba, Tencent and SoftBank for breaking the Anti-Monopoly Law By Daisy On Jul 11, 2022 0 Share var betterads_screen_width = document.body.clientWidth;betterads_el = document.getElementById('cluhtgy-675-1241667234'); 1241667234- 1241667234- 1241667234- 1241667234- China’s market regulator announced on July 10 that it has fined technology behemoths Tencent and Alibaba as well as a number of other companies for breaking anti-monopoly regulations regarding the disclosure of transactions. A list of 28 transactions that broke the rules was published by the State Administration for Market Regulation (SAMR). (adsbygoogle = window.adsbygoogle || []).push({}); As reported, there were 5 Alibaba entities engaged, including...
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