JD.com Triumphs in Anti-Monopoly Lawsuit Against Alibaba

Alibaba Fined $140 Million for Monopolistic Practices, Ordered to Correct Misconduct

JD.com won an anti-monopoly lawsuit against Alibaba, which was fined 1 billion yuan, or about $140 million, by the People’s High Court of Beijing.
The court found that Alibaba’s Tmall platform had engaged in monopolistic practices by forcing merchants to sell exclusively on their platform.
Alibaba was ordered to correct its misconduct following a months-long inquiry by antitrust watchdog the State Administration for Market Regulation (SAMR).
The lawsuit's conclusion comes amid escalating rivalry between JD.com and Alibaba in the domestic e-commerce market.
JD.com hailed the court’s ruling, asserting that monopolistic practices have hampered market competition and hurt the rights of brands, merchants and consumers.