Alibaba Fined $2.8 Billion: Beijing Antitrust Regulators Levy Record Fine Against Tech Monopoly

Chinese antitrust regulators have announced they will levy a $2.8 billion fine against Alibaba Group, the technology conglomerate encompassing Alibaba.com, Alibaba Cloud, AliExpress, AliOS, Alipay, AliGenie, Taobao, Tmall, and Daraz. Alex discusses the record fine against Alibaba, How Jack Ma’s comments at the Bund Summit in Shanghai may have put the tech monopoly in the crosshairs of regulators, and the fast-paced platform innovation coming out of China despite overbearing government control.

This is an excerpt from episode 153 of Winner Take All. Watch the full episode here: youtu.be/HmKwrlS5hh0

Originally Aired: 04/21/21
#Regulation #Alibaba #JackMa

Subscribe to the Applico YouTube Channel


Filed under: Winner Take All | Topics:

Weekly Industry Newsletter

Top Posts

  • B2B Chemical Marketplaces and Tech Startups: Landscape and State of the Industry

    Read more

  • Platform vs. Linear: Business Models 101

    Read more

  • Amazon Business – 2020 Report

    Read more

  • Platform Business Model – Definition | What is it? | Explanation

    Read more

  • The Value of Digital Transformation: How Investors Evaluate “Tech”

    Read more