Tetra Pak fined for monopoly
THE State Administration for Industry and Commerce has fined packaging giant Tetra Pak 668 million yuan (US$97 million) for breaking anti-monopoly laws and abusing its monopolistic market position.
Tetra Pak was found to have broken anti-monopoly regulations such as abusing its monopolistic status to force customers to purchase packaging materials and sterile packaging equipment and services, SAIC said in a statement yesterday.
The firm also barred other packaging raw material suppliers from providing materials to its rivals, which has hurt fair competition in the packaging materials market, it added.
During more than four years of investigation, SAIC interviewed relevant parties, conducted on-site investigations, and checked records and digital evidence.
Tetra Pak has decided not to appeal, Steve Yin, president of Tetra Pak China, said in an e-mail statement.
“We will take action as necessary to ensure compliance with the legislation,” the statement added.
China has been stepping up efforts to crack down on violations against the Anti-Monopoly Law in recent years and has fined several multinational corporations.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.