China’s watchdog fines three producers for price fixing

China’s watchdog fines three producers for price fixing
Published: 10 September 2014

Tagged Under: Pricing China Anti-Trust 

China’s price regulator has fined three domestic cement makers CNY114m (US$18.58m) for price fixing, the National Development and Reform Commission (NDRC) said in a statement on its website. Among the firms were units of Jilin Yatai Group Co Ltd , China National Building Material Co Ltd and Tangshan Jidong Cement Co Ltd.