Posted inChina

China cracks the whip with anti-trust penalties

Beijing’s market watchdog is belatedly scrutinizing mergers and acquisitions struck years ago by Alibaba and similar big companies, signaling a tougher regulatory clampdown in the weeks ahead. On Monday, China’s State Administration for Market Regulation meted out fines to Alibaba, Tencent and SF Express, the latter a courier with close business ties to tech giants, […]