Tech - 15 Dec 2020

Who ya gonna call? Trust busters!

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On Monday, we told you that the Politburo called for stronger antitrust enforcement to curb “the disorderly expansion of capital.”

Without missing a beat, the State Administration for Market Regulation (SAMR) went after Alibaba Group on Monday, fining the one-time national darling RMB 500,000.

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Snuh-ohez.

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