monopoly
Pharmaceutical Companies Fined for Monopolizing Allopurinol
Mia Ren | | Jan 29, 2016 10:41 AM EST |
The National Development and Reform Commission (NDRC) learned that five Chinese pharmaceutical companies have been conspiring to fix the price of allopurinol.
China Fines Japan's NSK
David Perry | | Aug 19, 2014 11:21 AM EDT |
Japan's star auto parts supplier NSK got slapped with a $28.2 million (USD) fine by Chinese anti-monopoly regulators. The hefty sum comes as part of an ongoing anti-monopoly investigation.
Chrysler, Audi to Be Punished By Chinese Government for Alleged Monopoly Activities
Staff Reporter | | Aug 07, 2014 12:01 AM EDT |
Automakers in China may soon face 10 percent revenue penalties by the Chinese government, in an effort to reduce and eliminate anti-monopoly activities. A spokesman for the National Development and Reform Commission (NDRC) insisted on Wednesday that an ongoing investigation into Fiat and Volkswagen, which own Crysler and Volkswagen respectively.
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