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© 2023 AFPAlibaba to split into 6 groups; separate IPOs expected
By Peter CATTERALL BEIJING©2023 GPlusMedia Inc.
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© 2023 AFP
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quercetum
They are anti-monopoly and don’t even need competition laws or an FTC. Smart and visionary.
Eastman
alibaba equals to thief-aka scam.
lostrune2
They're doing this because they're being pressured by their government
Why do ya think Alibaba founder and renowned attention-seeker Jack Ma suddenly vanished for awhile
quercetum
That’s a good thing - volunteer anti-monopoly law enforcement. The CCP is so efficient. No trials with Chevron Oil, General Electric, American Tobacco, Microsoft, Google and so on.
lostrune2
No, if they want to do it, do it by law and due process
Without due process, it's done on a whim that's always subject to change by the winds - instead of "a nation of laws" as they keep proclaiming
That's not efficient at all since "on a whim" people don't know where the line stands that keeps shifting, so people have to keep figuring out where the line is at any given time. That's a lot of wasted energy and resources, not efficient at all.