Alibaba agrees to pay US$600 million to settle US probe into illegal product sales

Alibaba agrees to pay US$600 million to settle US probe into illegal product sales

Amount resolves dispute with US government over allegations firm sold and imported illegal pharmaceuticals and controlled substances into US

“This settlement reflects a thorough regulatory process with Alibaba’s full cooperation and our commitment to best-in-class standards of control, policies, and measures against non-compliant product sales,” the spokesperson said.

Alibaba is the owner of SCMP.

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