Alibaba, Tencent fined for disclosure violations
CHINA: The country’s market regulator announced on Sunday that a number of companies, including Alibaba and Tencent, had been fined for violating anti-monopoly regulations regarding the transparency of transactions (Jul 10). There were 28 trades that were found to have broken the rules by the State Administration for Market Regulation (SAMR). Alibaba’s Youku Tudou streaming platform is one of the …