JD Wins $140 Million Damages From Alibaba in Antitrust Suit (1)

A Beijing court awarded JD.com Inc. 1 billion yuan ($141 million) in damages in a years-long anti-monopoly case against e-commerce rival Alibaba Group Holding Ltd.

The Beijing High People’s Court found Alibaba’s Tmall platform to have abused its market dominance by demanding sellers work with a single platform, JD.com said in a Friday statement on its official WeChat account. The Beijing-based firm initiated the lawsuit in 2017 to challenge Alibaba’s exclusivity requirement.

“This judgment is not only a fair ruling for JD.com to resist the monopolistic ‘pick two from one’ practice, but is also a landmark moment for the ...