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September 01, 2020 10:27am
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Alibaba Hit by Huge Fines, But It Could Have Been Much Worse

The e-commerce juggernaut Alibaba has been under intense regulatory scrutiny in recent months, drawing the ire of the Chinese government. However, the company recently said it’s paying $2.8 billion in penalties to settle disputes with its home government. That sounds rough, but it’s a...
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