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Today is a crucial day in the development of the company From Alibaba open letter

The following is the Today is a crucial day in the development of the company From Alibaba open letter recommended by recordtrend.com. And this article belongs to the classification: Industry information.

On the morning of April 10, Alibaba issued a letter to customers and the public, saying that “today’s punishment is a wake-up call for us, a standard and care for the development of the industry, and an important measure for the country to maintain a fair competition market environment and promote the high-quality development of the platform economy.”

Alibaba said, “today is a crucial day in the development process of Alibaba group. We will take this as a new starting point, face the problems directly and be determined to innovate. The government’s supervision and service, criticism, tolerance and support from all walks of life are the key to Alibaba’s growth. “

Alibaba announced earlier that “today, we have received the decision of the State Administration of market supervision and administration on administrative punishment, which we sincerely accept and resolutely obey. We will strengthen the operation in accordance with the law, further strengthen the construction of the compliance system, based on innovation and development, and better fulfill our social responsibilities. “

Previously, the State Administration of market supervision has imposed administrative penalties on Alibaba for its “one out of two” monopoly behavior in accordance with the law. After investigation, Alibaba Group has a dominant position in China’s online retail platform service market. Since 2015, Alibaba Group has abused its dominant position in the market, put forward “one-of-two” requirements for businesses in the platform, prohibited businesses in the platform from opening stores or participating in promotional activities on other competitive platforms, and adopted a variety of reward and punishment measures to ensure the implementation of “one-of-two” requirements and maintain and enhance its own market with the help of market forces, platform rules, data, algorithms and other technical means Strength, to obtain unfair competitive advantage.

According to Articles 47 and 49 of the anti monopoly law, considering comprehensively the nature, extent and duration of Alibaba Group’s illegal acts, on April 10, 2021, the General Administration of market supervision made a decision on administrative punishment in accordance with the law, ordering Alibaba group to stop its illegal acts and impose a fine of RMB 455.712 billion yuan, 4% of its sales in China in 2019, totaling RMB 18.228 billion yuan Yuan. At the same time, in accordance with the principle of combining punishment with education in the administrative punishment law, the administrative guidance book was issued to Alibaba group, requiring it to carry out comprehensive rectification around strictly implementing the main responsibility of platform enterprises, strengthening internal control and compliance management, safeguarding fair competition, and protecting the legitimate rights and interests of businesses and consumers in the platform, and submitted to the General Administration of market supervision for three consecutive years Self check compliance report.

The following is the full text of Ali’s open letter:

A letter to customers and the public

Dear Alibaba businessmen, consumers, partners and investors

Today, we received the decision of the State Administration of market supervision and administration on the administrative punishment of Alibaba group. We sincerely accept this punishment and resolutely obey it. We take this opportunity to express our gratitude for the trust and tolerance that Alibaba and all its sophomores have given us to businesses, consumers, partners and investors. We also sincerely express our thoughts and actions on the long-term and healthy development in the future.

In the past few months, we have fully cooperated with the investigation, conscientiously studied the national policies and requirements for platform economy, and carried out systematic self-examination and self-examination, improvement and upgrading while ensuring the smooth operation of business. We realize that today’s punishment is a wake-up call for us, a standard and care for the development of the industry, and an important measure taken by the state to maintain a fair competition market environment and promote the high-quality development of the platform economy.

Platform economy is a brand-new production relationship promoted by a new round of technological revolution. Over the past two decades, thanks to the development of the national economy, the progress of Internet technology, and the support and tolerance of management departments for innovation, Alibaba has the opportunity to explore and create platform models such as Taobao and tmall together with tens of millions of small and medium-sized businesses and hundreds of millions of consumers, which has reduced the cost of operation and entrepreneurship, improved social efficiency, and opened up the cycle of economic endings. Today, the development of platform economy has entered a new stage, which goes deep into people’s daily life and relates to all aspects of social economy. The era and society put forward new requirements for platform enterprises. We deeply realize the responsibility of platform enterprises in the national economic and social development. At the same time, we will bear in mind that the value of the platform is to integrate and share resources, to achieve success by helping others succeed, and to realize self value by constantly creating value for the society.

We are well aware that only by constantly adapting to the times and national development, listening to, understanding and serving thousands of businesses and consumers, and pursuing technological innovation, can we survive. We will further strengthen customer value, focus on customer experience, and continue to introduce a series of measures to reduce the operating threshold and operating costs of the platform, so as to create a more open, fairer, more efficient platform environment for all businesses and partners to share development achievements.

Today is a crucial day in the development of Alibaba group. We will take this as a new starting point to face the problems and make innovations. Government supervision and service, criticism, tolerance and support from all walks of life are the key to Alibaba’s growth. For this, we are grateful and awed. Customer first, to be a good company that constantly creates long-term value for the society is not only our original intention, but also the greatest significance of our existence and development. We are full of confidence in this and will never waver.

Alibaba Group

April 10, 2021

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