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Mail-inserter suppliers fined for price fixing, bid rigging in Hong Kong

By Yonnex Li ( June 16, 2023, 05:09 GMT | Insight) -- Three suppliers of mail-inserting machines have been ordered by Hong Kong's competition court to pay penalties totaling HK$5.6 million for hardcore-cartel conduct. In this case, all companies under investigation cooperated with the city's antitrust regulator and obtained reduced fines in return. Three suppliers of mail-inserting machines have been ordered by Hong Kong's competition court to pay penalties totaling HK$5.6 million ($716,000) for hardcore-cartel conduct....

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