Antitrust Antitrust

China's largest possible fine for notification failure sends strong warning to Internet players on antitrust compliance

By MLex Staff
  • 14 Dec 2020 02:59
  • 31 Jul 2021 04:15
China’s State Administration for Market Regulator, or SAMR, today announced the results of three penalty cases involving the country’s Internet giants including Alibaba and Tencent, for non-compliance of merger notifications, imposing the highest fines possible. 

Alibaba Investment, Tencent-backed China Literature and Hive Box, an affiliate of Chinese logistics giant SF Express were fined

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