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Danone SA Among Companies Fined for Price Fixing in China-Reuters

Tuesday, 6 Aug 2013 08:00pm EDT 

Reuters reported that China fined six companies, including Danone SA a total of USD 110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers. The other companies penalised were Abbott Laboratories, Dutch dairy cooperative FrieslandCampina, Mead Johnson Nutrition Co, Fonterra and Hong Kong-listed Biostime International Holdings. 

Company Quote

-0.0050 -0.04%
19 Dec 2014