Alibaba, Jack Ma, and the latest on China’s anti-trust crackdown

A record £2 billion fine against Alibaba for monopolistic behaviour and the uncertain fate of Ant Group have attracted worldwide attention toward China’s anti-trust policies, writes Torsten Weller. Here’s the background. In early April Chinese tech juggernaut Alibaba was dealt a regulatory double whammy. On 10 April, China’s market regulator, the State Administration of Market Regulation (SAMR), fined the company a record-breaking RMB 18.2 billion (£2 billion) for ‘serious anti-trust…