The State Administration of Market Supervision filed an investigation into the suspected monopolistic behavior of Alibaba Group in accordance with the law
Time:2020-12-24 05:21

Recently, the State Administration of Market Supervision, based on reports, filed investigations into Alibaba Group Holdings Co., Ltd. for suspected monopolistic conduct such as "choosing one over the other".

The financial management department will meet with Ant Group in the near future

The People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, and State Administration of Foreign Exchange will meet with Ant Group in the near future to supervise and guide Ant Group in accordance with the principles of marketization and rule of law to implement financial supervision, fair competition, and protection of consumers' legal rights and interests. , Regulate the operation and development of financial services.

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