SHANGHAI, Nov 3 (Reuters) - China’s Alibaba Group Holding Ltd “strongly denies” accusations that the country’s second-largest e-commerce company JD.com Inc made in a letter of complaint it sent to a Chinese anti-trust regulator.
“We strongly deny the accusations,” Alibaba spokesman Rico Ngai said. “Alibaba welcomes competition as it benefits consumers, merchants and service providers.”
JD.com’s complaint concerned a State Administration for Industry and Commerce (SAIC) regulation which forbids e-commerce platforms from limiting or barring their merchants from participating in promotions on other platforms.
The regulation came into effect on Oct. 1. (Reporting by John Ruwitch; writing by Adam Rose in Beijing; editing by Jason Neely)