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Tetra Pak Receives SAIC’s Severest Antitrust Penalty

By AnJie Law Firm on January 18, 2017

Authored by Michael Gu (michaelgu@anjielaw.com) and Sun Sihui (sunsihui@anjielaw.com) at AnJie Law Firm

Introduction

On November 9 2016, after a nearly five-year investigation, the State Administration for Industry and Commerce (SAIC) finally concluded the Tetra Pak case. The SAIC’s landmark decision:

  • imposed a Rmb667,724,176.88 (approximately $97 million) penalty on Tetra Pak – equivalent to 7% of the Swiss packaging giant’s 2011 China sales – for its abuse of a dominant position in China; and
  • ordered Tetra Pak to cease its illegal conduct.

Read more…

  • Posted in:
    Insurance, International
  • Blog:
    China Law Vision
  • Organization:
    AnJie Broad Law Firm
  • Article: View Original Source

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