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A view of the Alibaba headquarters building in Beijing, China, April 10, 2021. The State Administration for Market Regulation slapped Alibaba with a hefty fine of nearly $2.8 billion for "alternatively" monopolistic practices. Alibaba issued an open letter: punishment is a wake-up call and spur, will create a more open platform environment.
A view of the Alibaba headquarters building in Beijing, China, April 10, 2021. The State Administration for Market Regulation slapped Alibaba with a hefty fine of nearly $2.8 billion for "alternatively" monopolistic practices. Alibaba issued an open letter: punishment is a wake-up call and spur, will create a more open platform environment.
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