At a glance
China Daily | Updated: 2014-09-12 07:37
Biggest fines since the Anti-Monopoly Law was adopted in 2008
Aug 20, 2014: Ten Japanese auto parts companies were fined a total of 1.24 billion yuan ($202 million) for price fixing by the NDRC. The largest single fine, of 290 million yuan, was imposed on Sumitomo Corp, which is also the largest antitrust fine imposed on one company.
Aug 7, 2013: The NDRC levied fines of nearly 670 million yuan against six milk powder companies for price fixing and anti-competitive practices. The six companies are Mead Johnson, Dumex, Abbott, Friesland, Fonterra and Biostime.
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