Entering text into the input field will update the search result below

Mercedes-Benz found guilty of price manipulation in China

Aug. 18, 2014 2:04 AM ETMercedes-Benz Group AG (MBGYY) StockMBGAF, MBGYYBy: Yoel Minkoff, SA News Editor
  • China's anti-trust regulator has found Mercedes-Benz (DDAIY) guilty of manipulating prices for after-sales services, says Reuters quoting the Xinhua news agency.
  • The auto market and other industries have been under investigation in China, as the country increases its efforts to bring companies into compliance with its 2008 anti-monopoly law.
  • The legislation allows China's National Development and Reform Commission, to impose fines of up to 10% of a company's Chinese revenues for the previous year.

Recommended For You

More Trending News

About MBGYY Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MBGYY--
Mercedes-Benz Group AG