Manufacturer Loses Landmark Chinese Antitrust Lawsuit* In the first vertical monopoly ruling in favor of a plaintiff in an antitrust case in China, a manufacturer has been ordered to pay 530,000 Yuan (roughly ($86,000) for setting an artificial price floor. In the case, the manufacturer was accused of harming consumers by requiring its Chinese distributor to agree to a price floor. The manufacturer was accused of exercising unlawful
The Chinese Shanghai People’s Court orders a manufacturer to pay 530,000 Yuan for setting an artificial price floor (Rainbow / Johnson & Johnson)
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