Thirty-four of China’s tech giants were summoned to a meeting in Beijing on April 13 with the Chinese regime’s top regulators, days after it imposed a record $2.8 billion fine on e-commence giant Alibaba.
During the meeting hosted by the State Administration for Market Regulation (SAMR), the Office of the Central Cyberspace Affairs Commission, and the State Taxation Administration, the major technology companies were told they had one month to rectify any monopolistic practices.
