China's State Administration for Market Regulation imposed an administrative penalty on Alibaba Group on Saturday for monopoly conduct of implementing an "exclusive dealing agreement" based on results of an investigation.

4月10日，市场监管总局根据调查结果，依法对阿里巴巴集团对平台内商家提出"二选一"要求、滥用市场支配地位行为作出行政处罚决定。

The administration ordered Alibaba Group to stop illegal activities and pay a fine of 18.23 billion yuan ($2.78 billion), which is equal to 4 percent of its sales in China in 2019.

责令阿里巴巴集团停止违法行为，并处以其2019年中国境内销售额4%的罚款，计182.28亿元。

According to the investigation, Alibaba's conduct of implementing an "exclusive dealing agreement" hinders competition in China's services market involving online retail platforms, impedes the free flow of goods, services and resources, and infringes on the legitimate rights and interests of merchants on the platform, as well as the interests of consumers.

调查表明，阿里巴巴集团实施"二选一"行为排除、限制了中国境内网络零售平台服务市场的竞争，妨碍了商品服务和资源要素自由流通，侵害了平台内商家的合法权益，损害了消费者利益。

In accordance with the principle of combining punishment with education, the administration also issued administrative guidance to the group, requiring it to conduct comprehensive rectification and submit self-inspection reports to the administration for three consecutive years.

同时，按照行政处罚法坚持处罚与教育相结合的原则，市场监管总局向阿里巴巴集团发出《行政指导书》，要求其进行全面整改，并连续三年向该局提交自查合规报告。