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China's Tianjin regulator fines 10 vehicle-inspection companies for antitrust breaches

( November 4, 2024, 06:35 GMT | Official Statement) -- MLex Summary: China's State Administration for Market Regulation has published administrative decisions against 10 vehicle-inspection companies for anticompetitive agreements. The regulator's Tianjin branch made the decision in October, after launching an investigation in May. The companies were fined between 18,013 yuan ($2540) and 129,948 yuan, with one of the companies exempted from the fine for active cooperation, according to the decisions posted on the state-level regulator's website.The statement follows and tha files are attached:...

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