Alibaba is allegedly being thoroughly investigated for being a monopoly and conducting monopolistic activities in the market. Ant group has also been summoned over finances. Antitrust watchdog, The State of Administration for Market Regulation is looking into Alibaba and as for Ant Group, the company is likely to follow strict financial regulations. These factors threaten the growth to both the companies. Jack Ma is now constantly under pressure from the Chinese government.
Alibaba on the radar for conducting monopolistic activities
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Sanika Abhyankar
Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com