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In December 2020, the shares of Alibaba Team suffered a historic inventory selling price crash to the bottom close in around six months, adhering to the antitrust investigation into the corporate by Chinese regulators.[fifty] In December 2020, China's Point out Administration for Current market Regulation (SAMR) stated that it opened an investigation into Alibaba above monopolistic practices.[51][fifty two] The nation's central lender, along with three other regulators, confirmed in the individual statement which the affiliated Ant Group would also be summoned for discussions above "Levels of competition and client legal rights", where by regulators instructed the company to return its emphasis to electronic-payments.[fifty three] People today's Every day, the official newspaper from the Central Committee in the Chinese Communist Party, endorsed the investigation shortly following the announcement, saying the investigation to be "a crucial action in strengthening antimonopoly oversight in the web sphere".

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Alibaba.com usually processes payments inside 3 Operating days adhering to a resolution. Nevertheless, the time for your refund to reach the consumer’s account could vary primarily based on their chosen payment technique.

e. The resolution of the case does not have a specified timeline due to variable factors, including the reaction effectiveness of the two events. To expedite the process, perform intently Along with the dispute agent at the time escalation happens.

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In 2012, Alibaba instituted its General public Dispute Resolution Middle, which crowdsources consumers and sellers to vote on transactional regulations and judge the end result of disputes on the System.

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