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Chinese market regulator investigates 8,474 unfair-competition cases to September

( November 5, 2024, 08:49 GMT | Official Statement) -- MLex Summary: China's market regulator has handled 8,474 unfair competition cases by the end of September, with fines and confiscated illegal profits totaling 544 million yuan ($76.5 million), according to a statement released on the State Administration for Market Regulation's official WeChat account. Among these cases, 2,787 were in the field of people's livelihood, with fines and confiscated illegal profits amounting to 104 million yuan. SAMR also posted seven unfair-competition cases as reference precedents in the statement, involving sectors such as healthcare, liquor sales and the book industry.The statement follows:...

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