Alibaba's Antitrust Review Concludes After Years of Regulatory Scrutiny
Alibaba’s Antitrust Review Finalized
Alibaba's antitrust saga has culminated as the State Administration for Market Regulation (SAMR) has officially closed its investigation into the e-commerce giant.
Regulatory Scrutiny Comes to an End
After extensive regulatory scrutiny lasting over three years, China’s market regulator has applauded Alibaba for its compliance with antitrust authorities. The SAMR emphasized, “Alibaba Group has completely stopped the monopoly behaviour of ‘picking one from two’,” showcasing the effective reforms undertaken by the Alibaba Group.
The Path Forward
In 2021, Alibaba faced a record fine of US$2.8 billion, reflecting the seriousness of the anti-monopoly measures enforced by the SAMR. The regulator’s latest assessment marked a new chapter for the group, which aims to enhance its operations and maintain high compliance standards moving forward. This closing of the review is expected to invigorate Alibaba’s operational focus while bolstering its international competitiveness.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.