SUBSCRIBERS
Medtronic's China unit fined 118.5m yuan for price fixing
Published Wed, Dec 7, 2016 · 09:50 PM
Beijing
A CHINESE regulator has fined a local unit of US-listed medical device firm Medtronic PLC 118.5 million yuan (S$24.4 million) for price fixing, the National Development and Reform Commission (NDRC) said in a statement on Wednesday.
The state planner said it had fined Medtronic (Shanghai) Management Co following an investigation into monopolistic behaviour related to t…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Singapore loses ‘world’s best airport’ crown to Qatar
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3% to S$293.7 million
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB