China Orders 34 Internet Firms to Curb Excesses

What was the main reason for the meeting with 34 tech companies in Beijing?

• To discuss new technology innovations

• To address anticompetitive behaviors

• To celebrate their achievements

• To announce new government policies

What was one of the key concerns of regulators regarding Alibaba's business practices?

• High product prices

• Forced exclusivity on their platform

• Poor customer service

• Lack of innovation

What was the outcome of the antitrust investigation into Alibaba?

• Alibaba was fined $2.8 billion

• Alibaba was banned from operating

• Alibaba was praised for its practices

• Alibaba was given a warning

What is one of the reasons Alibaba and Tencent have significant influence in the tech industry?

• They have the most patents

• They are the oldest companies

• They dominate the two biggest tech sectors

• They have the most employees

What is Beijing's ultimate goal in regulating tech giants like Alibaba and Tencent?

• To increase their market share

• To merge them into one company

• To allow more competition from smaller companies

• To make them government-owned