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Why Sea (SE) Shares Are Plunging Today

Shares of e-commerce and gaming company Sea (NYSE:SE) fell 8.3% in the pre-market session after Bloomberg reported that Indonesia's antitrust authorities are investigating the company for "potentially unfairly favoring its own delivery service over other alternatives." According to the concerns, Shopee's (Sea's e-commerce platform) algorithm tends to favor the company's services over other options when buyers choose how their purchases are delivered. The antitrust agency noted that ".Shopee In

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