Legal
China Fines Mercedes $56Mln for Fixing Luxury Car Prices
A Chinese anti-trust regulator fined German carmaker Mercedes-Benz 350 million yuan (almost $56.5 million) for fixing the prices of luxury cars and spare parts, media sources reported Thursday. The Chinese Bureau of Commodity Prices said that between 2013 and 2014 Mercedes had issued instructions to dealers in the eastern Jiangsu…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Sputnik News