Alibaba Agrees to $600 Million DOJ Deal Over Alleged Illegal Drug Sales on its Marketplaces As US Scrutiny Intensifies
The U.S. Department of Justice said Wednesday that Alibaba Group Holding Ltd. (NYSE: BABA ) and U.S.-based payment processor AUS Merchant Services agreed to pay $600 million under a non-prosecution agreement to resolve allegations they failed to stop illegal pharmaceuticals and banned goods from reaching U.S. buyers th