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Business China fines e-commerce giant Alibaba, others for disclosure breech Last updated Jul 10, 2022 0 51 Share China’s State Administration for Market Regulation (SAMR) has hit technology giants Alibaba and Tencent with fines for failing to comply with transaction disclosure rules. The rules form part of anti-monopoly laws, the SAMR said on Sunday. Numerous other companies were also named as having violated the rules in the same announcement. The SAMR released a list of 28 unreported deals that violated the rules. Five involved units of Alibaba, including a 2021 purchase of equity in one of its subsidiaries, the Youku...
