© Reuters. FILE PHOTO: The brand of Alibaba Group is lit up at its workplace constructing in Beijing, China August 9, 2021. REUTERS/Tingshu Wang/File Photograph
BEIJING (Reuters) – China’s State Administration of Market Supervision discovered 43 circumstances that violated laws below antimonopoly laws, involving firms together with Alibaba (NYSE:), Baidu (NASDAQ:) and JD (NASDAQ:).com, and imposed penalties, based on a discover from the regulator.
Enterprises concerned within the circumstances can be fined 500,000 yuan ($78,000), it mentioned.
($1 = 6.3863 renminbi)
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