Antitrust Antitrust

Cement cartel exposed after China antitrust, tax officials mine data for price-fixing clues

By Yonnex Li
  • 30 Mar 2021 02:52
  • 30 Mar 2021 02:52
Chinese antitrust enforcers worked closely with tax officials to dig out data for clues to a recently dismantled cartel involving eight cement suppliers, the country's competition regulator said, as it revealed the uncommon cross-agency collaboration at the outset of the investigation.

The suppliers ended up being fined a combined 141.7 million yuan ($22

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