WSJ: Chinese authorities are preparing a record fine for Alibaba after the conflict with Jack Ma - more than $975 million
Chinese antitrust authorities plan to impose a record fine on the Internet retailer Alibaba, whose founder, 56-year-old billionaire Jack Ma, had a conflict with the Chinese authorities. This is reported by The Wall Street Journal, citing sources. The size of the fine is not yet known, but, according to the interlocutors of the publication, familiar with this issue, it may be higher than the fine imposed on processor manufacturer Qualcomm.