Tencent Said to Face Substantial Penalty From China in Antitrust Crackdown | Technology News

Tencent Said to Face Substantial Penalty From China in Antitrust Crackdown China is preparing a substantial fine for Tencent as part of its sweeping antitrust clampdown on the country's Internet giants, but it is likely to be less than the record penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said.