Beijing Launches Antitrust Probe Into Tech Giant Alibaba, Scrutinizes Ant Group

Beijing Launches Antitrust Probe Into Tech Giant Alibaba, Scrutinizes Ant Group
The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang Province, China, on July 20, 2018. Aly Song/Reuters
Frank Fang
Updated:

Two Chinese companies founded by billionaire Jack Ma have come under Chinese regulators’ scrutiny, including with the launch of an antitrust probe.

On Dec. 24, China’s State Administration for Market Regulation announced on its website that it has launched an investigation into e-commerce site Alibaba over its monopoly practices, such as a policy that forces merchants to sell products exclusively on Alibaba and prevents them from selling on rival platforms.

Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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