State Administration for Industry and Commerce headed down its largest antitrust fine to the Swedish packaging giant, ending a nearly four-year-long probe.
November 16, 2016 at 12:00 AM
1 minute read
The original version of this story was published on Global Lawyer News
China’s State Administration for Industry and Commerce has fined Swedish packaging giant Tetra Pak International S.A. $97 million for abusing market dominance.
The fine, the largest ever imposed by the SAIC for antitrust violations, ended a three-year-and-a-half probe into Tetra Pak’s China operations, including bundle sales and loyalty discounts.
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