BMW's Chinese dealers fined over price-fixing
Beijing (AFP) Aug 14, 2014 - Four Chinese dealers for German auto maker BMW have been fined about 1.6 million yuan ($260,000), authorities have said, as the government steps up a high-profile anti-monopoly campaign involving a number of foreign brands. The dealers in Wuhan in the central province of Hubei have been ordered to pay the penalties for "forming a price alliance", provincial authorities said in a statement We ... more
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