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Chinese government initiates antitrust investigation into Jack Ma’s Alibaba Group

The Chinese government initiated an antitrust investigation into Jack Ma’s e-commerce and fintech empire – the Alibaba Group. The probe is part of an accelerating crackdown on anticompetitive behaviour in China’s booming internet space, and the latest setback for Ma, the 56-year-old former school teacher who founded Alibaba and became China’s most famous entrepreneur. It […]