CHINA TOPIX

12/23/2024 10:00:28 am

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fix price probe

2013-8-7 3

China fines milk powder Suppliers including Mead Johnson, $110 million for Price-Fixing Probe

The National Development and Reform Commission has penalized six infant formula suppliers for price-fixing.The NDRC stated that the penalties were implemented to avoid competition and setting curbs on minimum price.

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