Thursday, Sep 17, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Business | China Begins Anti Trust Probe Into E Commerce Giant Alibaba

China begins anti-trust probe into e-commerce giant Alibaba

In a brief note, the State Administration for Market Regulation said that it is investigating Alibaba over its "choosing one from two" policy.

By IANS
Updated On - 24 December 2020, 04:45 PM
China begins anti-trust probe into e-commerce giant Alibaba
whatsapp facebook twitter telegram

Beijing: In a significant development, China’s top market watchdog on Thursday started investigation into alleged anti-competition practices by e commerce giant Alibaba, as Beijing tightened control of an expanding Internet.

In a brief note, the State Administration for Market Regulation said that it is investigating Alibaba over its “choosing one from two” policy.


As part of this policy, merchants are forced to sell exclusively on Alibaba e-commerce platforms and skip rivals like JD.com.

“The State Administration of Market Supervision, based on reports, filed investigations into Alibaba Group Holdings Co., Ltd. for suspected monopolistic conduct such as ‘choose one out of two,'” the statement read.

Alibaba Group said in a statement that they have received notification from the State Administration for Market Regulation.

“Alibaba will actively cooperate with the regulators on the investigation,” the company said, adding that its “business operations remain normal.”

Xinhua news agency said on Thursday that The People’s Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, and State Administration of Foreign Exchange will “interview Ant Group in the near future”.

The move is “to supervise and guide Ant Group to implement financial supervision and fair competition in accordance with the principles of marketisation and rule of law, and to protect the legitimate rights and interests of consumers, and regulate the operation and development of financial services”.

The Chinese regulators have recently removed several apps, including banning thousands gaming apps on Apple App Store, in a wide-ranging “clean-up” of online content related to illegal activity, including obscenity, pornography, prostitution, violence, fraud or gambling.

With China cracking down on apps especially related to video games, Apple has warned Chinese app developers that thousands of more video games will be removed from App Store.

According to a report in The Wall Street Journal citing a memo, thousands of video games face removal as Beijing tightens control of Internet.

Apple said in the memo that developers of premium games and those featuring in-app purchases “would have until the end of the year to provide proof of government license or the app would be removed”.

  • Follow Us :
  • Tags
  • Alibaba
  • Beijing
  • China
  • Corona Virus Deaths

Related News

  • Driving licence: Telangana plans mandatory online road safety course

    Driving licence: Telangana plans mandatory online road safety course

  • Doctor assaults trigger protests, renew security concerns at Telangana hospitals

    Doctor assaults trigger protests, renew security concerns at Telangana hospitals

  • Hyderabad swelters as September heat pushes temperatures above normal

    Hyderabad swelters as September heat pushes temperatures above normal

  • UoH gets Rs 4.98 crore ICMR grant for AI-based PCOS research

    UoH gets Rs 4.98 crore ICMR grant for AI-based PCOS research

Latest News

  • ‘Think about the next point’: Satwik on keeping emotions in check with Chirag

    5 minutes ago
  • Manoj Jarange ends 20-day fast, warns of Mumbai protest if demands not addressed

    10 minutes ago
  • National qualifier for Junior National Equestrian Championship begins

    15 minutes ago
  • Telangana senior-ranking carrom tournament underway at LB Stadium

    30 minutes ago
  • Samantha Ruth Prabhu to bring new challenge to Celebrity MasterChef Tamil

    33 minutes ago
  • Government Boys High School, Bolarum win in Hyderabad U-17 football tournament

    38 minutes ago
  • JEE-Main first session proposed for January 22-24, 28-30: NTA

    42 minutes ago
  • Tata Trusts rejects Chandrasekaran’s reappointment, calls resolution illegal

    45 minutes ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam

Telangana Today App