Sunday, 13 December 2020

China Fines Alibaba, Tencent For Failing To Report Past Deals To Anti-trust Regulators

China's market regulator said on Monday it will fine Alibaba Group, Tencent Holdingsbacked China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for antitrust reviews.

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