China Targets Jack Ma’s Alibaba With Monopoly Investigation
China kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding and summoned affiliate Ant Group Co. to a high-level meeting over financial regulations, escalating scrutiny over the twin pillars of billionaire Jack Ma’s internet empire. The probe announced Thursday marks the formal start of the Communist Party’s crackdown on the crown jewel Read more about China Targets Jack Ma’s Alibaba With Monopoly Investigation[…]