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JohnPhua
JohnPhua
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2024-05-15
$海庭(5E2.SI)$
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JohnPhua
JohnPhua
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2024-04-02
$欧圣(579.SI)$
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JohnPhua
JohnPhua
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2024-04-02
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JohnPhua
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2024-04-02
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JohnPhua
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2021-04-23
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2021-04-23
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JohnPhua
JohnPhua
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2021-04-11
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A fine of 18.228 billion yuan! The State Administration for Market Regulation punished Alibaba for monopolistic behavior.
2020年12月,市场监管总局依据《反垄断法》对$阿里巴巴$集团控股有限公司在中国境内网络零售平台服务市场滥用市场支配地位行为立案调查。根据《反垄断法》第四十七条、第四十九条规定,综合考虑阿里巴巴集团违法行为的性质、程度和持续时间等因素,2021年4月10日,市场监管总局依法作出行政处罚决定,责令阿里巴巴集团停止违法行为,并处以其2019年中国境内销售额4557.12亿元4%的罚款,计182.28亿元。
A fine of 18.228 billion yuan! The State Administration for Market Regulation punished Alibaba for monopolistic behavior.
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09:07","market":"hk","language":"zh","title":"A fine of 18.228 billion yuan! The State Administration for Market Regulation punished Alibaba for monopolistic behavior.","url":"https://stock-news.laohu8.com/highlight/detail?id=1145816571","media":"华尔街见闻","summary":"2020年12月,市场监管总局依据《反垄断法》对$阿里巴巴$集团控股有限公司在中国境内网络零售平台服务市场滥用市场支配地位行为立案调查。根据《反垄断法》第四十七条、第四十九条规定,综合考虑阿里巴巴集团违法行为的性质、程度和持续时间等因素,2021年4月10日,市场监管总局依法作出行政处罚决定,责令阿里巴巴集团停止违法行为,并处以其2019年中国境内销售额4557.12亿元4%的罚款,计182.28亿元。","content":"<p>In December 2020, the State Administration for Market Regulation, in accordance with the Anti-Monopoly Law,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Alibaba Group Holdings Limited (hereinafter referred to as Alibaba Group) has launched an investigation into the abuse of its dominant market position in China's online retail platform service market.</p><p>The State Administration for Market Regulation established a special task force to conduct on-site inspections of Alibaba Group, investigate and question relevant personnel, review and copy relevant documents and materials, and obtain a large amount of evidence based on solid preliminary work. Conduct extensive investigations and evidence collection on other competitive platforms and merchants within them; Conduct in-depth verification and big data analysis of the evidence materials in this case; Organize experts to conduct repeated and in-depth case analysis and demonstration; We have listened to Alibaba Group's statements and opinions multiple times to protect its legitimate rights. The facts of this case are clear, the evidence is conclusive, the characterization is accurate, the handling is appropriate, the procedures are complete, and the procedures are legal.</p><p>An investigation revealed that Alibaba Group holds a dominant position in China's online retail platform service market. Since 2015, Alibaba Group has abused its dominant market position, imposing a \"choose one of two\" requirement on merchants on its platform, prohibiting them from opening stores or participating in promotional activities on other competitive platforms, and leveraging market forces, platform rules, data, algorithms and other technological means to adopt various reward and punishment measures to ensure the implementation of the \"choose one of two\" requirement, maintain and enhance its own market power, and gain an unfair competitive advantage.</p><p>The survey shows that,<b>Alibaba Group's \"choose one of two\" practice excludes and restricts competition in China's online retail platform service market, hinders the free flow of goods, services, and resources, affects the innovative development of the platform economy, infringes upon the legitimate rights and interests of merchants on the platform, and harms consumer interests. This constitutes an abuse of market dominance under Article 17, Paragraph 1, Item (4) of the Anti-Monopoly Law, which prohibits \"restricting transaction counterparties to transactions without justifiable reason.\"</b>。</p><p>In accordance with Articles 47 and 49 of the Anti-Monopoly Law, and taking into account factors such as the nature, extent, and duration of Alibaba Group's illegal activities, the State Administration for Market Regulation made an administrative penalty decision on April 10, 2021.<b>Alibaba Group was ordered to cease its illegal activities and fined 4% of its 2019 domestic sales of RMB 455.712 billion, totaling RMB 18.228 billion.</b>。 Meanwhile, in accordance with the principle of combining punishment with education in the Administrative Penalty Law, an \"Administrative Guidance Letter\" was issued to Alibaba Group, requiring it to carry out comprehensive rectification in areas such as strictly implementing the main responsibility of platform enterprises, strengthening internal control and compliance management, maintaining fair competition, and protecting the legitimate rights and interests of merchants and consumers on the platform, and to submit self-inspection and compliance reports to the State Administration for Market Regulation for three consecutive years.</p><p>[Related Reading]</p><p><a href=\"https://laohu8.com/NW/1141772391\" target=\"_blank\">Alibaba releases \"A Letter to Customers and the Public\": Creating a more open and fair platform environment for merchants</a></p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A fine of 18.228 billion yuan! The State Administration for Market Regulation punished Alibaba for monopolistic behavior.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA fine of 18.228 billion yuan! The State Administration for Market Regulation punished Alibaba for monopolistic behavior.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-04-10 09:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In December 2020, the State Administration for Market Regulation, in accordance with the Anti-Monopoly Law,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Alibaba Group Holdings Limited (hereinafter referred to as Alibaba Group) has launched an investigation into the abuse of its dominant market position in China's online retail platform service market.</p><p>The State Administration for Market Regulation established a special task force to conduct on-site inspections of Alibaba Group, investigate and question relevant personnel, review and copy relevant documents and materials, and obtain a large amount of evidence based on solid preliminary work. Conduct extensive investigations and evidence collection on other competitive platforms and merchants within them; Conduct in-depth verification and big data analysis of the evidence materials in this case; Organize experts to conduct repeated and in-depth case analysis and demonstration; We have listened to Alibaba Group's statements and opinions multiple times to protect its legitimate rights. The facts of this case are clear, the evidence is conclusive, the characterization is accurate, the handling is appropriate, the procedures are complete, and the procedures are legal.</p><p>An investigation revealed that Alibaba Group holds a dominant position in China's online retail platform service market. Since 2015, Alibaba Group has abused its dominant market position, imposing a \"choose one of two\" requirement on merchants on its platform, prohibiting them from opening stores or participating in promotional activities on other competitive platforms, and leveraging market forces, platform rules, data, algorithms and other technological means to adopt various reward and punishment measures to ensure the implementation of the \"choose one of two\" requirement, maintain and enhance its own market power, and gain an unfair competitive advantage.</p><p>The survey shows that,<b>Alibaba Group's \"choose one of two\" practice excludes and restricts competition in China's online retail platform service market, hinders the free flow of goods, services, and resources, affects the innovative development of the platform economy, infringes upon the legitimate rights and interests of merchants on the platform, and harms consumer interests. This constitutes an abuse of market dominance under Article 17, Paragraph 1, Item (4) of the Anti-Monopoly Law, which prohibits \"restricting transaction counterparties to transactions without justifiable reason.\"</b>。</p><p>In accordance with Articles 47 and 49 of the Anti-Monopoly Law, and taking into account factors such as the nature, extent, and duration of Alibaba Group's illegal activities, the State Administration for Market Regulation made an administrative penalty decision on April 10, 2021.<b>Alibaba Group was ordered to cease its illegal activities and fined 4% of its 2019 domestic sales of RMB 455.712 billion, totaling RMB 18.228 billion.</b>。 Meanwhile, in accordance with the principle of combining punishment with education in the Administrative Penalty Law, an \"Administrative Guidance Letter\" was issued to Alibaba Group, requiring it to carry out comprehensive rectification in areas such as strictly implementing the main responsibility of platform enterprises, strengthening internal control and compliance management, maintaining fair competition, and protecting the legitimate rights and interests of merchants and consumers on the platform, and to submit self-inspection and compliance reports to the State Administration for Market Regulation for three consecutive years.</p><p>[Related Reading]</p><p><a href=\"https://laohu8.com/NW/1141772391\" target=\"_blank\">Alibaba releases \"A Letter to Customers and the Public\": Creating a more open and fair platform environment for merchants</a></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3627208\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/995418fbbbc235e75883dec898dccaa8","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://wallstreetcn.com/articles/3627208","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1145816571","content_text":"2020年12月,市场监管总局依据《反垄断法》对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场滥用市场支配地位行为立案调查。市场监管总局成立专案组,在扎实开展前期工作基础上,对阿里巴巴集团进行现场检查,调查询问相关人员,查阅复制有关文件资料,获取大量证据材料;对其他竞争性平台和平台内商家广泛开展调查取证;对本案证据材料进行深入核查和大数据分析;组织专家反复深入开展案件分析论证;多次听取阿里巴巴集团陈述意见,保障其合法权利。本案事实清楚、证据确凿、定性准确、处理恰当、手续完备、程序合法。经查,阿里巴巴集团在中国境内网络零售平台服务市场具有支配地位。自2015年以来,阿里巴巴集团滥用该市场支配地位,对平台内商家提出“二选一”要求,禁止平台内商家在其他竞争性平台开店或参加促销活动,并借助市场力量、平台规则和数据、算法等技术手段,采取多种奖惩措施保障“二选一”要求执行,维持、增强自身市场力量,获取不正当竞争优势。调查表明,阿里巴巴集团实施“二选一”行为排除、限制了中国境内网络零售平台服务市场的竞争,妨碍了商品服务和资源要素自由流通,影响了平台经济创新发展,侵害了平台内商家的合法权益,损害了消费者利益,构成《反垄断法》第十七条第一款第(四)项禁止“没有正当理由,限定交易相对人只能与其进行交易”的滥用市场支配地位行为。根据《反垄断法》第四十七条、第四十九条规定,综合考虑阿里巴巴集团违法行为的性质、程度和持续时间等因素,2021年4月10日,市场监管总局依法作出行政处罚决定,责令阿里巴巴集团停止违法行为,并处以其2019年中国境内销售额4557.12亿元4%的罚款,计182.28亿元。同时,按照《行政处罚法》坚持处罚与教育相结合的原则,向阿里巴巴集团发出《行政指导书》,要求其围绕严格落实平台企业主体责任、加强内控合规管理、维护公平竞争、保护平台内商家和消费者合法权益等方面进行全面整改,并连续三年向市场监管总局提交自查合规报告。【相关阅读】阿里巴巴发布《致客户和公众的一封信》:为商家创造更开放更公平的平台环境","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":2624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357725639,"gmtCreate":1617311613321,"gmtModify":1704698612813,"author":{"id":"3579853588533856","authorId":"3579853588533856","name":"JohnPhua","avatar":"https://community-static.tradeup.com/news/92dfddc3a91a04e79666b436f0245bff","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579853588533856","idStr":"3579853588533856"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357725639","repostId":"2124860867","repostType":4,"isVote":1,"tweetType":1,"viewCount":2376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}