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The SAMR Announced Alibaba’s Three-Year Antitrust Review Comes to a Close

2024-08-30 19:36

In April 2021, China’s market regulator, the State Administration for Market Regulation (SAMR) imposed administrative penalties and provided administrative guidance on Alibaba Group Holding Limited (hereinafter referred to as Alibaba Group) for its implementation of the "choosing one or the other" monopolistic practice in the domestic online retail platform service market. It ordered Alibaba Group to cease illegal activities, conduct a comprehensive self-examination and rectification, and submit self-examination compliance reports to the SAMR for three consecutive years.

According to the results of inspection and evaluation, Alibaba Group has completely stopped the monopoly behaviour of "choosing one or the other", the regulator said in a statement. The “rectification work” at Alibaba has achieved good results, it added in the same statement.

In the subsequent steps, the SAMR will guide Alibaba Group to further standardize its operations, enhance compliance quality and efficiency, expedite innovation-driven growth, and consistently elevate service levels, thereby ensuring robust support for the company's ambition to become a world-class enterprise and strengthen its international competitiveness, according to the SAMR.

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