BEIJING—China fined six dairy companies 669 million yuan, or $109 million, as a result of the monthlong investigation into anticompetitive practices in the dairy industry, according to official media.
Biostime International Holdings Ltd., 1112.HK +6.46% Mead Johnson Nutrition Co., MJN +1.57% Danone SA, BN.FR -0.32% Abbott Laboratories, ABT -0.58% Royal FrieslandCampina and Fonterra Cooperative Group Ltd. FCG.NZ +0.57% are the six companies fined, China’s top economic planner said in a statement Wednesday.
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Xiaoqing Pi via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/-Zcss80i7Fo/
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