HONG KONG -- Alibaba Group's three-year process of "rectifying" its monopolistic practices is over, the Chinese government said on Friday, signaling a more supportive stance by the government toward the private sector in hopes of revitalizing sluggish economic growth.
Companies
Alibaba's 3-year antitrust 'rectification' is over, Beijing says
Regulator vows 'solid protection' for e-commerce giant to enhance competitiveness
Beijing in 2021 slapped Alibaba with a record 18 billion yuan antitrust fine after a probe found the e-commerce giant had abused its dominant market position. © AP
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