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Alibaba Group Fined Record $2.75 Billion for Anti-Monopoly Violations in China | Technology News

Alibaba Group Fined Record $2.75 Billion for Anti-Monopoly Violations in China Alibaba Group helmed by billionaire Jack Ma has been fined $2.75 Billion in China for violating anti-monopoly rules and abusing its dominant market position. This is the highest ever antitrust fine imposed in the country.

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