US Court Temporarily Blocks Lobbying Ban on Alibaba
US District Judge Eumi K. Lee on Sunday temporarily barred the Pentagon from treating China's Alibaba Group (HKG:9988) as a Chinese military company under a new lobbying restriction while the court considers the company's legal challenge, Bloomberg News reported Monday. The decision grants Alibaba relief until a ruling is issued or 60 days after a hearing, the report said. The Pentagon added Alibaba to its list of Chinese military companies on June 8. The Chinese technology firm sued the US Defense Department on June 23 to challenge the designation, saying it was not related to the Chinese military, and on June 30 sought relief from lobbying restrictions that came into effect the same day, it said. Alibaba Group did not immediately respond to ' request for a comment. Shares of the company fell 1% in recent trade.
US District Judge Eumi K.
Lee on Sunday temporarily barred the Pentagon from treating China's Alibaba Group (HKG:9988) as a Chinese military company under a new lobbying restriction while the court considers the company's legal challenge, Bloomberg News reported Monday.
The decision grants Alibaba relief until a ruling is issued or 60 days after a hearing, the report said.
The Pentagon added Alibaba to its list of Chinese military companies on June 8.
The Chinese technology firm sued the US Defense Department on June 23 to challenge the designation, saying it was not related to the Chinese military, and on June 30 sought relief from lobbying restrictions that came into effect the same day, it said.
Alibaba Group did not immediately respond to ' request for a comment.
Shares of the company fell 1% in recent trade.