The regulator fined Alibaba and a number of large companies in China

Alibaba Corporation, the operator of Baidu web services, one of the leading retailers Suning and investment holding Tencent were fined 500 thousand yuan ($ 78.2 thousand) for violating antitrust laws. This was announced by the General State Administration for Market Control of China on November 20 at its website ... The Office uncovered illegal purchases of shares in Meizu Technology Co., Yongyang Anfeng (Beijing) Technology Co. and AutoNavi Software Holdings Co .. Also, the regulator revealed violations in the registration of reporting documents from Baidu, Suning and Tencent and issued an order on fines. The Chinese authorities have registered 43…