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JD com wins antimonopoly lawsuit against Alibaba, Retail News, ET Retail

The High People s Court of Beijing ruled that Alibaba Group Holding Limited along with Zhejiang Tmall Network Co and Zhejiang Tmall Technology Co had abused their market dominance and adopted monopolistic practices known as "choosing one from two" causing JD.com severe damage, JD.com said in a statement published on its official WeChat account.

JD com: JD com wins antimonopoly lawsuit against Alibaba

Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was slapped with a 1 billion yuan ($140.68 million) fine over monopolistic practices.

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