In the news: Mercedes-Benz gets fined US$56 million and the NPC issues revised Advertising Law and Food Safety Law

This week the NDRC fined Daimler Rmb350 million for price fixing and the NPC passed amendments to the PRC Advertising Law and the PRC Food Safety Law

4 minute readApril 28, 2015 at 06:00 AM
By
clpstaff
& clp articles

Mercedes-Benz fined US$56 million for price-fixing

The National Development and Reform Commission has fined Daimler's Mercedes-Benz Rmb350 million (US$56 million) in Jiangsu Province for “excluding and limiting market competition and hurting consumer interests.” Regulators said they

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