The list of tech giants include Alibaba Group, Tencent Holdings, Baidu, Suning Ltd. and JD.com.

Each violation carries a penalty of 500,000 yuan ($78,000) under Chinas 2008 Anti-Monopoly law.

The cases announced this time are all deals in the past that should have been declared but were not.

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They involved a large number of cases, a wide range of companies, and a long time span.

However, the deals did not lead to the elimination or restriction of competition, the regulator said.

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source: www.techworm.net