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Cement makers and trade body appeal antitrust penalty decisions at China's top court

By MLex Staff ( October 25, 2024, 06:25 GMT | Insight) -- China’s Supreme Court earlier this week heard appeals from six cement producers and a trade group in Shaanxi Province, contesting antitrust penalties imposed by regulators in 2022. The six companies in the lawsuit operate three well-known cement brands,  Ji Dong, Sheng Wei and Yao Bai. Shaanxi’s provincial market regulator and the State Administration for Market Regulation were listed as appellees.China’s Supreme Court earlier this week heard appeals from six cement producers and a trade group in Shaanxi Province, contesting antitrust penalties imposed by regulators in 2022....

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