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Chinese pharma price-fixing decision results in first individual penalty

By Yonnex Li ( March 24, 2025, 06:48 GMT | Insight) -- A subsidiary of Hong Kong-listed Shanghai Pharmaceuticals and one of its business executives were fined by Shanghai's market regulator for colluding with two rivals in price-fixing and market division agreements. This case sets a precedent as it marks the first time an individual was penalized for an antitrust violation since the introduction of personal liability in the amended Antimonopoly Law in August 2022. A subsidiary of Hong Kong-listed Shanghai Pharmaceuticals and one of its business executives were fined by Shanghai's market regulator for colluding with two rivals in price-fixing and market division agreements....

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