Alibaba Tencent Intimate China Literature Douyu Huya fine anti-monopoly state administration for market regulation Alibaba

Alibaba, Tencent-Backed Unit Fined Under China’s Antimonopoly Law

Alibaba, Tencent-Backed Unit Fined Under China’s Antimonopoly Law

China's market regulator announced Monday that it has fined the Alibaba Group and a Tencent Holdings-backed company for failing to seek approval prior to some acquisitions.In addition, a review of a m...