Seeking Alpha

China fines companies for price fixing

  • Johnson & Johnson (JNJ +0.1%) and Bausch & Lomb are among the companies fined 19.6 yuan ($3M) for price fixing in China's contact lens and eyeglass market. Chinese authorities have fined companies in other medical industries for price-related infractions as it grapples with its ballooning health care costs.
Comments (2)
  • pmiller100
    , contributor
    Comments (353) | Send Message
    Something funny about China fining anybody for price fixing.
    29 May, 12:02 PM Reply Like
  • GeekOnTheHill
    , contributor
    Comments (5) | Send Message
    29 May, 12:54 PM Reply Like
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