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Brief
The market regulation authorities took administrative actions against Alibaba Group in April 2021 for implementing a "two-choice" monopolistic behavior on its e-commerce platform. The company was ordered to stop the violation, conduct self-examination and rectification, and submit reports to the authorities for three consecutive years. During this period, the authorities strengthened supervision over Alibaba's compliance improvement efforts, conducted deep inspections, and entrusted third-party institutions to evaluate the effectiveness of enforcement actions. As a result, Alibaba has fully stopped its monopolistic behavior, regulated its business practices, fulfilled platform responsibilities, established sound governance systems, improved service quality for businesses and consumers on the platform, and achieved good results in compliance correction work. The e-commerce market environment has been improved, fair competition order restored, market development space expanded, and inter-platform competition enhanced. In the next step, the market regulation authorities will guide Alibaba to continue to regulate its business, further improve regulatory efficiency, accelerate innovation-driven development, and enhance service quality, providing a solid safeguard for building a world-class enterprise with enhanced international competitiveness.
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