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AlibabaThis company will be punished by the regulatory authorities because of monopoly, and 18.2 billion yuan will not have much impact on Alibaba, but the impact on the market is still relatively large.
Alibaba's annual profit can reach more than 200 billion yuan, so 18.2 billion yuan is not a relatively large amount for this company. In fact, we can also see from this incident that the punishment for large companies has been increasing, and our country is against market monopoly.
First, our country's monopoly punishment is getting stronger and stronger. The punishment for monopoly in our country is indeed getting bigger and bigger, and it has never reached such a scale before, and companies like Alibaba can play a certain role in benchmarking society, and leading enterprises have been punished, so companies in other industries must also regulate their own behavior. <>
Second, it has also played a certain deterrent role in other industries. I think the best thing about this punishment is that it can have a certain deterrent effect on other industries in this society, and the deterrent effect is very necessary, because there are also monopolistic behaviors in other industries, and we must let the leading companies in other industries know that our country is cracking down on monopoly more and more. <>
Third, it is the common people who are ultimately harmed by monopoly. The reason why the state is constantly cracking down on monopoly is because the people of our country have been affected by these companies, if these companies have been monopolizing the industry, the cost of people's daily life will definitely be higher and higher, and it is the people who will be hurt in the end, so these enterprises must be punished, in order to protect the interests of the people. <>
Our country's punishment of Alibaba can gain influence that is beneficial to societyPunishing Alibaba will allow other companies to operate more properly, as a socialist country.
Every decision made by the state is for the sake of the people.
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It is because Alibaba Group is suspected of illegal monopoly, which affects the development of social diversity and fair competition in society, so it will be punished.
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Because it has caused a monopoly in the market, many legitimate businesses have suffered losses, and this has also disrupted the market order and is not conducive to fair competition, so it should be fined.
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Because Ali has a monopoly in their industry, after all, Ali is the biggest leader in their industry, this monopoly is not only bad for customers and merchants, but the state has issued such a heavy fine to Ali this time, so that Ali began to rectify, and I think it is very beneficial to users.
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For abusing its monopoly position and forcing merchants to "choose one of the two", Alibaba violated the Anti-Monopoly Law, and was punished by 4% of its annual revenue, with a total fine of 18.2 billion yuan.
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Because Ali violated the anti-monopoly law and wanted to monopolize the entire market, his practice was very bad, so he was punished by the law.
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Because Ali is now developing better and better, monopolizing a lot of market economies, in order to protect people's rights and consumption, they are warned and fined.
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China's Anti-Monopoly Law has been officially implemented, and Alibaba has abused the platform monopoly by prohibiting other operators from opening stores or participating in the best activities of other platforms on other platforms, violating the Anti-Monopoly Law.
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Because he violated the anti-monopoly law and the company was too large, he began to squeeze the living space of other small and micro enterprises.
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Mainly because in other things, I have done a lot of incomprehensible things, and caused a series of losses to others, so I will make a series of compensation to others and avoid problems in this regard.
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The State Administration for Market Regulation imposed an administrative penalty on Alibaba for implementing the "either-or" monopolistic behavior on the online platform in accordance with the law, and imposed a fine of 100 million yuan.
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The main reason for Alibaba's hefty fines is that it has been practicing monopolistic practices for a long time.
According to official disclosure information, since 2015, Alibaba has abused its dominant market position due to its huge market space and the massive data, rules and technology of the platform. The State Administration for Market Regulation imposed an administrative penalty on the relevant regulations of the Anti-Monopoly Law and imposed a fine of 4% of the sales revenue of the previous year, totaling 100 million yuan. The specific reasons for punishment are as follows:
1) Excluding or restricting competition in China's domestic online retail platform service market. Alibaba's restriction on the operators on the platform can only conduct transactions with them, and they cannot enter other competitive platforms or carry out first-class activities on other competitive platforms, which directly weakens the ability of other competitive platforms to compete fairly with Alibaba and the degree of competition in the relevant market, unduly raises the market entry barriers of potential competitors, and undermines the fair and orderly market competition order.
2) harming the interests of operators on the platform. Alibaba's relevant actions have directly restricted the operational autonomy of operators on the platform, weakened the intra-brand competition of goods, and harmed the interests of operators on the platform. The first is to damage the operational autonomy of operators on the platform.
The second is to improperly derogate from the legitimate interests of operators on the platform. The third is to weaken the degree of competition within the brand.
3) Hindering the optimal allocation of resources and restricting the innovative development of the platform economy. Alibaba's relevant behavior has hindered the optimal allocation of resources in the online retail platform service market, inhibited the vitality of market players, and restricted the innovation and development of the platform economy. One is that it hinders the free flow of factors and reduces the efficiency of resource allocation.
The second is to restrict the diversification, differentiation and innovative operation of operators within the platform. Third, it inhibits the vitality of market entities and affects the innovation and development of the platform economy.
4) Harming the interests of consumers. Alibaba's actions have restricted consumers' right to free choice and fair trade, and harmed consumers' interests. One is that it restricts consumers' freedom of choice.
The second is that it restricts consumers' right to fair trade. The third is the potential damage to the overall level of social welfare in the long run.
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It is understood that the reason why Alibaba was punished in this way was because of the investigation of "one of two choices", but the upper limit of the platform's two-choice fine is 2 million yuan. This time, Ali was fined 100 million, far exceeding the upper limit of 2 million, which is a relatively large fine so far.
Ali was fined for abuse of its dominant market position, with a fine of 4% of domestic sales in 2019.
The purpose of the fine is to punish Ali's monopoly and prevent Ali's family from becoming dominant. But the penalty for splitting has not yet been used.
It will not be used unless it is a last resort, and Ali still contributes to economic development.
Basically, the small Internet has been co-opted or allied. For example, bicycle sharing, such as food delivery business, they are not only a giant, but also a huge ecosystem.
With great power comes great responsibility. On the road to becoming a giant, the scale of enterprises is different, and the social responsibilities are also different. For example, in the small supermarket at our doorstep, our requirements can only be:
Operate honestly and do not sell fakes. But this is not the case for large enterprises.
For example, the sense of social responsibility, the outbreak of the epidemic in 2020, the small supermarket is not closed, so that we can still buy things, and everyone burns incense and worships the Buddha. However, large enterprises have to bear more, such as SF Express, which previously released a financial report loss, and continued to maintain the receipt and delivery business during the epidemic.
Alibaba's most criticized business today is mainly for Ant Financial's Huabei and borrowing businesses。Why has it not been liquidated, because Ant is a super large volume, a large number of customers, and the impact is also super large.
The most powerful underlying logic of Ant is data, which gives credit lines based on a person's consumption records, and rewards for opening Huabei, borrowing, etc., which calculates your repayment ability based on data.
The more money you spend, the higher the amount, the higher the amount, the more you want to spend money, and you can't pay back the flowers, so you borrow it first, and then your finances continue to expand, and you will be burdened with heavy interest. The scope of the impact is far from being comparable to that of other enterprises, and only a group of people are used, most of whom are young people with irregular incomes.
So the larger piece of cake on the market was cut to the ants, and sooner or later they had to be returned, and the ants were not listed earlierThe huge fines that have been imposed today are largely because the traffic is too large, the data is too large, and a slight flutter may be a stormy wave, so it is inevitable to strengthen supervision.
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Although this punishment does not seem to be large, it has a profound warning, which reflects that the upper level will definitely increase the investigation and punishment of enterprises that violate the "Monopoly Law", regulate the development of the industry, create a fair and benign competition situation in the market, and are unwilling to control other traditional industries without restricting the growth of a small number of "giants". In fact, not only our country is paying more and more attention to anti-monopoly, Japan, the United States, Russia and other countries have carried out earlier, such as Facebook, Google, Amazon, and Microsoft, all of which have been sued and punished for anti-monopoly.
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Choosing one of the two market mechanisms violates the Anti-Monopoly Law of the People's Republic of China. The fine of Ali Group this time is also a reshuffle of the market by the state, and it also has a great deterrent to large and medium-sized domestic enterprises.
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The main reason is that Alibaba violated the "Anti-Monopoly Law" by prohibiting Tmall merchants from choosing other e-commerce platforms, resulting in the use of its dominant market position to restrict merchants from only trading with it.
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The reason for this punishment is that Alibaba is suspected of monopolizing the industry, and Alibaba is abusing its dominant market position.
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Because Ali maliciously competed with other platforms through low prices, cracked down on the exclusion of peers, and began to raise prices sharply after occupying a larger market.
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Because Alibaba's behavior has had a very bad impact on this society, it has not well guaranteed the legitimate rights and interests of consumers, and has violated the anti-monopoly law.
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Summary. The real reason for Alibaba's fine: In order to hinder the development of other competitive platforms, maintain and consolidate its market position, and obtain improper competitive advantages, Alibaba Group implemented a monopolistic behavior of "choosing one of two" and restricted merchants to only trade with them, which violated the provisions of the Anti-Monopoly Law on "restricting trading counterparties to only trade with them without justifiable reasons", and constituted an abuse of market dominance.
The real reason for Alibaba's fine: In order to hinder the development of other competitive platforms, maintain and consolidate its market position, and obtain improper competitive advantages, Alibaba Group actually practiced the monopolistic behavior of "choosing one of two" and restricted merchants to only trade with them, which violated the provisions of the Anti-Monopoly Law that "there is no justifiable reason for dismantling limbs, and restricting trading counterparties can only trade with them", which constitutes an abuse of market dominance.
Alibaba Group Holdings**** (hereinafter referred to as Alibaba Group) is a company founded in 1999 in Hangzhou, Zhejiang Province by 18 people led by Jack Ma, a former English teacher. [1-2] The Group operates a number of businesses and also obtains support from its affiliates, Wu Xian, in the business and services of its affiliates, to operate the business ecosystem.
The business and the business of affiliated companies include: **.com, Tmall, Juhuasuan, AliExpress, Alibaba International Marketplace, 1688, Alimama, Alibaba Cloud, Ant Financial, Cainiao Network, etc. [3] On September 19, 2014, Alibaba Group was officially listed on the New York Stock Exchange, creating the largest IPO record in history.
On November 26, 2019, Alibaba was listed on the Hong Kong stock market, with a total market value of over 4 trillion yuan, topping the Hong Kong stock market and becoming the "new stock king" of Hong Kong stocks
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