CHINA TOPIX

11/24/2024 03:04:50 am

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Merecedes-Benz

Automakers Face Stiff Penalties for Alleged Anti-Monopoly Violations

Government Officials Raid Automakers In Shanghai

Shanghai government officials raided the corporate offices of Daimler AG's Mercedes-Benz automaker. The raids are on the heels of the accusation against Daimler for allegedly inflating the price for parts, in order to increase revenue.

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