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Prateek Asked :

31-08-2021 Current Affairs

Q. Chinese Market regulators filed Anti-trust probe for monopoly, against which company?

A. Apple
B. Alibaba
C. Samsung
D. Amazon


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Dapzoi Verified
Commented on 2021-08-31 17:24:59 (IST)
Answer: B

Explanation : China's leading Multi-national company and tech-giant Alibaba, is being investigated by Chinese regulators on charges of monopolistic practices.

China's State Administration for Market Regulation (SAMR) has started investigation on Alibaba Group for monopoly practices, including implementing an 'exclusive dealing agreement'. In September, China announced new rules to regulate financial holding firms.