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Dental implants supplier Straumann hit with fine by Chinese regulator for RPM

( December 30, 2022, 09:58 GMT | Official Statement) -- MLex Summary: Straumann (Beijing) Medical Device Trading has been fined 34.4 million yuan ($5 million), equivalent to 3 percent of its revenue for 2020, by the Beijing municipal Administration for Market Regulation for reaching resale price maintenance agreements with distributors. According to the regulator’s penalty decision, Straumann imposed minimum prices on distributors for the resale of its dental implant materials. The regulator opened an investigation into the case in July 2021.The statement follows and the penalty decision is attached....

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