- China's anti-trust regulator has found Mercedes-Benz (OTCPK: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.
Mercedes-Benz found guilty of price manipulation in China
From other sites
at CNBC.com (Sun, 3:00PM)
at MarketWatch.com (Jan 17, 2015)
at CNBC.com (Jan 16, 2015)
at CNBC.com (Jan 5, 2015)
at MarketWatch.com (Dec 23, 2014)
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