China has found 43 legal violations on Alibaba, Baidu, JD.com Reuters
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© Reuters. FILE PHOTO: The Alibaba Group logo was unveiled in its office building in Beijing, China on August 9, 2021. REUTERS / Tingshu Wang / Photo File
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BEIJING (Reuters) – China’s State Market Supervision Administration has found 43 cases that violated antitrust law, including those involving companies. Alibaba (NYSE :), Baidu (NASDAQ 🙂 and JD (NASDAQ :). Com, and imposed penalties, according to a note from the regulator.
He said the companies involved in the cases will be fined 500,000 yuan ($ 78,000).
($ 1 = 6.3863 renminbi)
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