China steps up pressure on Alibaba with anti-monopoly probe

China steps up pressure on Alibaba with anti-monopoly probe

BEIJING – Chinese regulators on Thursday announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over China’s fast-growing tech industries. The market regulator said it was looking into Alibaba’s policy of “choose one of two,” which requires business partners to avoid…