This penalty will be viewed as a closure to the anti-monopoly case for now by the market.
For this, we are full of gratitude and respect, it added.
source: www.techworm.net
Chinese Regulators Hit Alibaba With $2.8 Billion Fine In Anti-Monopoly Probe
China’s antitrust regulators slapped a record fine of 18.2 billion yuan ($2.8 billion) on one of the country’s largest e-commerce giant, Alibaba Group Holding Limited after concluding that it had been behaving like a monopoly.
