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Alibaba fined $2.8 billion on competition charge in China

Check out what’s clicking on FoxBusiness.com. BEIJING — Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan ($2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries. Party leaders worry about the dominance of China’s biggest […]

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