Investor Alert: Kaplan Fox Investigates Potential Securities Fraud At Alibaba

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NEW YORK, Dec. 24, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Alibaba Group Holding Limited ("Alibaba" or the "Company") (NYSE: BABA).
On December 23, 2020 after U.S. markets closed, Chinese regulators announced that they had launched an antitrust investigation into Alibaba, acting on reports that tech giant Alibaba was pressuring merchants who sell goods on its platform to commit to not selling their goods on Alibaba's competitors' platforms.  China's State Administration for Market Regulation said through official online channels it has opened an investigation into Alibaba over monopolistic practices.  The primary issue named was a practice that forces merchants to choose one of two platforms, rather than being able to work with both.

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