NDRC imposes a second record anti-monopoly fine

China's National Development and Reform Commission has levied a second record fine this year for price fixing, which highlights its increasingly aggressive stance

3 minute readFebruary 22, 2013 at 02:31 AM

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Two of China's premium liquor producers, Kweichow and Wuliangye, have been hit with fines of Rmb449 million ($72 million) by China's top regulator, the National Development and Reform Commission (NDRC)

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