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Jack Ma's Alibaba Group Under Probe By China For Monopolistic Practices

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Jack Ma-led Alibaba Group is being investigated under the anti-monopoly law, a measure seen as an effort by ruling Communist Party to control fast-growing tech industries. "China's State Administration for Market Regulation (SAMR) has started investigation on Alibaba Group for alleged monopoly conduct including implementing an 'exclusive dealing agreement'," according to Xinhua.

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Category
Asia
Tags
NDTV 24x7, Alibaba, Jack Ma
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