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Alibaba's appeal of JD.com's antitrust claims accepted by China's top court

By MLex Staff ( May 10, 2024, 03:16 GMT | Insight) -- China's top court has accepted an appeal by Alibaba challenging a ruling that ordered the e-commerce giant to pay $140 million in damages to domestic rival JD.com for abusing a dominant position, MLex has learned. The Supreme People's Court has yet to set a date for hearing the appeal of the verdict issued late last year by a Beijing court.China's top court has accepted an appeal by Alibaba challenging a ruling that ordered the e-commerce giant to pay 1 billion yuan ($140 million) in damages to domestic rival JD.com for abusing a dominant position, MLex has learned....

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