The Chinese government is opening an investigation into Alibaba (AliExpress, Tmall) to see whether the e-commerce giant is abusing its dominant position. Is the Internet empire, which the government itself created, becoming too powerful?
Taking it down a notch
The Chinese competition watchdog fears that Alibaba holds a monopoly position. The government is therefore launching an investigation into the e-commerce player, while sister company Ant Group – mother of the online payment system AliPay – is also being called to account.
