JD.com: a historic decision?

(Boursier.com) — JD.comone of China’s e-commerce giants, said it had won a lawsuit against its rival Ali Baba, fined one billion yuan ($141 million) for monopolistic practices. It was thus found that Zhejiang Tmall Network, Zhejiang Tmall Technology and Alibaba Group had abused their dominant position on the market and had engaged in monopolistic practices, according to a court decision by the High People’s Court of Beijing mentioned by JD .com. “This decision is not only a fair decision (…), but it also constitutes a historic moment in respecting market fairness and the order of competition through the rule of law “, indicates JD on his official WeChat account. “This will be an important moment in China’s anti-monopoly legal process,” the group added.