SHANGHAI -- Chinese regulators fined 12 companies including Tencent and Baidu for having made acquisitions without notifying authorities, saying the moves violate antimonopoly rules.
Internet giants hit with $77,000 penalties for failing to report acquisitions
SHANGHAI -- Chinese regulators fined 12 companies including Tencent and Baidu for having made acquisitions without notifying authorities, saying the moves violate antimonopoly rules.