Liquor makers fined 449 mln yuan for involvement in price monopoly

0 Comment(s)Print E-mail Xinhua, February 21, 2013

Photo taken on Feb. 19, 2013 shows Kweichow Moutai Liquor and Wuliangye Liquor at a supermarket in Beijing, capital of China. Two Chinese liquor makers, Kweichow Moutai Co. Ltd and Wuliangye Yibin Co. Ltd, have been fined 449 million yuan, equivalent to 1 percent of all sales of the two companies throughout 2012, for their involvement in price monopoly activity. [Xinhua]


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