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How did e-commerce companies such as Baidu, Tencent, Alibaba gain oligopoly in China? How was this oligopoly affected by recent recessions (e.g. Covid-19? http://en.people.cn/90001/90776/90881/7292769.html

How did e-commerce companies such as Baidu, Tencent, Alibaba gain oligopoly in China? How was this oligopoly affected by recent recessions (e.g. Covid-19?

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