BEIJING -- Chinese tech companies will face stiffer penalties for crossing Beijing's red lines on competition after lawmakers on Friday approved changes to the country's antitrust law that were years in the making.
China tech
China completes overhaul of antitrust law to corral Big Tech
Legislation takes effect Aug. 1, keeping pressure on sector despite earlier signs of easing
Alibaba Group Holding has been subject to multiple penalties from China's antitrust regulators. © Reuters
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