( November 27, 2025, 03:37 GMT | Official Statement) -- MLex Summary: Six motorcycle-training companies in China’s Jiangjin District were fined in July by the Chongqing market regulator for fixing prices and anticompetitive agreements, according to the administrative penalty decisions released Wednesday by the State Administration for Market Regulation, or SAMR. Investigators found that the companies had formed a de facto “general school” in 2017 to unify pricing, coordinate training and exams, pool revenue and divide profits, eliminating competition. The companies were fined the equivalent of 5 percent of their 2021 sales revenue, with penalties ranging from 12,537 yuan ($1,770) to 213,899 yuan.The statement follows; the penalty decisions are attached....
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