HONG KONG (AP) — China's market regulator on Monday said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions.
Source: washington times
Summary automatically generated by NewSUM A.I. from the following sources:
- China's Alibaba, Tencent unit fined under anti-monopoly law (washington times)
- China's Alibaba, Tencent unit fined under anti-monopoly law (abc news)