A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province on November 11, 2019. Photo: Reuters A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province on November 11, 2019. Photo: Reuters
A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province on November 11, 2019. Photo: Reuters
Alibaba

analysis | China’s record fine on Alibaba sets an example for technology giants to toe the regulatory line

  • The record 18.2 billion yuan fine was equal to 4 per cent of Alibaba’s 2019 revenue but shy of the 10 per cent maximum under China’s antitrust law
  • The regulator factored in the “duration and degree” of Alibaba’s misconduct, and its “in-depth self-examination” and “proactive rectification”

Knowledge |   Alibaba
A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province on November 11, 2019. Photo: Reuters A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province on November 11, 2019. Photo: Reuters
A logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province on November 11, 2019. Photo: Reuters
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