{"id":850397,"date":"2024-08-31T08:01:39","date_gmt":"2024-08-31T02:31:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=850397"},"modified":"2024-08-31T08:01:39","modified_gmt":"2024-08-31T02:31:39","slug":"chinas-market-regulator-says-alibaba-completed-3-yr-rectification-period","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/31\/chinas-market-regulator-says-alibaba-completed-3-yr-rectification-period\/","title":{"rendered":"China&#8217;s market regulator says Alibaba completed 3-yr &#8216;rectification&#8217; period"},"content":{"rendered":"<p>China&#8217;s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years &#8220;rectification&#8221; following a fine levied in 2021 for monopolistic behaviour. <\/p>\n<p>In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years &#8220;rectification&#8221; following a fine levied in 2021 for monopolistic behaviour. In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-850397","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/850397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=850397"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/850397\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=850397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=850397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=850397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}