News Snapshot:
News24 LAST UPDATED: Dec. 24, 2020, 5:40 p.m. New Delhi (Anish Yande): The Chinese Communist Party has trained its sights on the prominent Alibaba Group. The Jack Ma-led Chinese e-commerce company is being investigated by the Chinese government for monopoly practices. The probe would be examining monopolistic behavior and preferential practices within the Alibaba Group. Chinese Govt announces action against Alibaba Group: According to the Chinese state news agency, Xinhua, China’s State Administration for Market Regulation had commenced an investigation into Alibaba Group for what the administration claimed were practices to extend its monopoly. The Chinese State Administration termed it...
