A powerful Chinese regulator blasted e-commerce giant Alibaba for allowing “illegal” actions on its multi-billion-dollar online shopping platform. The State Administration for Industry and Commerce (SAIC), charged with maintaining market order in China, said that Alibaba’s platforms had hosted “long-standing” violations of online business laws and regulations. It focused on Taobao, Alibaba’s consumer-to-consumer platform which is estimated to hold more than 90% of the Chinese market, and Tmall.com, believed to command over half the market in China for business-to-consumer transactions. The SAIC is known for its crackdowns on foreign companies accused of violating China’s anti-monopoly law, but its public dressing-down of such a prominent Chinese firm is unprecedented.
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