Antitrust Antitrust

Comment: Stepped penalty ratio in China's API probe triggers debate on how fines are calculated

By MLex Staff
  • 21 Apr 2020 02:49
  • 21 Apr 2020 02:49

When China’s competition regulator last week revealed the breakdown of the record fines slapped on three distributors of raw materials for pharmaceutical products, it wasn’t just the size of the penalties — 325.5 million yuan ($46.2 million) — that caught the attention of the country’s legal community.

The April 14 announcement by the

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