12 Apr 2021

Thank you, SAMR, may I have another?

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On Saturday, China’s antitrust watchdog (SAMR) slapped Alibaba with a record-setting fine for antitrust violations.

The damage: A cool RMB 18.2 billion

Ouch.

The details:

After a four-month investigation, SAMR found that Alibaba had abused its dominant market position to forc...