Friday, 12 March 2021

China denies mulling near-$1 bn fine for Alibaba in monopoly case

China denied on Friday it was planning to hit e-commerce giant Alibaba with a fine of almost $1 billion for allegedly flouting monopoly rules, as authorities put the screws on the firm as part of a crackdown on the technology sector.

source https://techxplore.com/news/2021-03-china-denies-mulling-near-bn.html