Alibaba Fined in Landmark Antitrust Case

Alibaba Fined in Landmark Antitrust Case

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Alibaba is working to reset its relationship with regulators after receiving a $2.8 billion fine for antitrust violations. The company avoided more severe penalties like a breakup or divestment of key assets. The investigation into Alibaba's monopolistic practices concluded quickly, and the company is expected to change its business practices to improve competition. However, uncertainty remains around the future of its fintech arm, Ant Group, and its media holdings. The regulatory environment is becoming more stringent, affecting other companies like Tencent, as the government scrutinizes expansion and competitive practices.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount of the fine imposed on Alibaba?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What practices is Alibaba expected to change following the settlement?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential implications for Alibaba's fintech arm after the investigation?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do regulators have regarding Alibaba's influence in media holdings?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the duration of Alibaba's investigation compare to similar investigations in the West?

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