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Wednesday, August 07, 2013
Chinese Government's Heavy Punishment for Dairy Market is Just the Beginning
ANBOUND

Chinese government reinforces crackdown on dairy market. Six milk powder production enterprises, including Biostime, were punished due to their violation of Anti-Monopoly Law. The fines add up to around 670 million Yuan, which is the heaviest in China's anti-monopoly history. But punishment is only the first step towards establishing an efficient market.

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