This fine imposed by the Chinese authorities represents 4% of the turnover achieved in 2019 by Alibaba.
The Chinese e-commerce giant has been criticized for prohibiting traders wishing to use its platform from using other e-commerce sites to sell their products.
Chinese authorities have fined e-commerce group Alibaba a giant 18.2 billion yuan ($ 2.78 billion) for abuse of dominance, state media in China reported on Saturday.
This fine follows an investigation initiated against Alibaba in December, according to the China New Agency.
Alibaba was accused of requiring exclusivity from merchants wishing to sell their products on its platform, avoiding rival e-commerce sites.
The amount of the penalty was determined after regulators decided to impose a fine on Alibaba corresponding to 4% of its 2019 revenue, or 455.7 billion yuan, according to New China.
Beijing's influence of online platforms worries
Alibaba and other major Chinese tech companies face pressure amid growing concern over their influence in China, where consumers use these leading platforms to communicate, shop, pay bills, book. taxis, taking out loans and a whole host of other daily tasks.
Alibaba, in particular, has been under intense scrutiny since last October.
Its co-founder Jack Ma then accused Chinese regulators of being behind their time for expressing concern about the expansion of Alibaba's financial arm, Ant Group, in the areas of loans, management. assets and insurance.