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In December 2020, the shares of Alibaba Group experienced a historic stock selling price crash to the bottom near in close to 6 months, next the antitrust investigation into the business by Chinese regulators.[50] In December 2020, China's Condition Administration for Industry Regulation (SAMR) mentioned that it opened an investigation into Alibaba about monopolistic procedures.[fifty one][52] The state's central financial institution, together with three other regulators, verified in a very different assertion the affiliated Ant Group would also be summoned for discussions about "Opposition and consumer rights", where regulators instructed the corporate to return its aim to Alibaba66 online casino digital-payments.[53] People today's Each day, the official newspaper of your Central Committee in the Chinese Communist Bash, endorsed the investigation shortly once the announcement, saying the investigation to be "an important stage in strengthening antimonopoly oversight in the net sphere".
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