Three Chinese cement companies fined US$18.6m for price monopoly

Byyuanyanping

Updated Mon, 22 Sep 2014 10:44:32 GMT

The NDRC, China's price regulator, has fined three Chinese cement companies a combined amount of US$18.6m for engaging in a price monopoly. The three companies are Jilin Yatai Cement Sales Co, Northern Cement Co and Jidong Cement Jilin Co.