Alibaba recorded a $ 2.7 billion antitrust fine

Alibaba Group has been fined a record 18.2 billion yuan ($ 2.77 billion) for “abusing” in violation of China’s antitrust law. [its] China’s e-commerce giant has said it “accepts” the ruling, which is the culmination of an investigation that began last December. China’s Market Regulatory Authority (SAMR) said in a...