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Tag Archives: Tetra Pak fined in China

China fines Swiss-based packager Tetra Pak for breaking monopoly rules

Investec Switzerland. According to Reuters, following an investigation, China’s State Administration for Industry and Commerce (SAIC) said, it found out that Tetra Pak violated some provisions in China’s anti-trust law and will impose a fine of 668 million yuan ($97 million) on Tetra Pak for “abuse of dominant market position”. Tetra Pak crumpled The Shanghai Daily said, SAIC found that Tetra Pak had broken anti-monopoly regulations such as abusing its monopolistic status to...

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