{:en}Alibaba to face further regulations{:}{:ar}شركة علي بابا تُواجه قوانين جديدة{:}

Alibaba to face further regulations

{:en}Dubai, United Arab Emirates, (AETOSWire): Chinese State Administration for Market Regulation (SAMR) is tightening of antitrust regulations in the agenda for 2021. Beijing has become watchful to expansion and the excessive market power of large technology companies. SAMR director Zhang Gong pursues unfair competition and claims that whether it is an online or offline business, no one can abuse their monopoly position. Obviously, the Chinese government wants to have more control over the tech giants. Alibaba was already fined $2.8 billion by SAMR this April for abusing its monopoly on…