Alibaba says to decrease entry limitations, enterprise prices of retailers By Reuters
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SHANGHAI (Reuters) – Alibaba (NYSE:) Group will introduce measures to decrease entry limitations and enterprise prices confronted by retailers on e-commerce platforms, CEO Daniel Zhang stated on Monday, after an antitrust probe discovered the agency had abused its dominant market place.
China, on Saturday, imposed a document 18 billion yuan ($2.75 billion) positive on Alibaba amid a crackdown on expertise conglomerates.
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