SITUATION REPORT

China: Beijing Likely to Fine Tencent at Least $1.5 Billion for Antitrust Violations

Apr 29, 2021 | 20:22 GMT

China's State Administration of Market Regulation (SAMR) is likely to soon levy a fine of at least $1.5 billion on tech giant Tencent for alleged antitrust violations over improper reporting of investments and acquisitions to authorities, Reuters reported April 29....

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