China's antitrust regulator approves Alibaba, ending 3-year review and monopolistic practices.

China's antitrust watchdog, the State Administration for Market Regulation (SAMR), has approved Alibaba Group Holding Ltd., concluding a three-year antitrust review of the e-commerce giant. Alibaba ended monopolistic practices, improved services for customers, and fostered competition among online platforms, as demanded by the antitrust regulator. This marks the end of intense scrutiny that began in 2020 and is expected to promote fair competition in China's online retailing sector.

August 30, 2024
164 Articles

Further Reading