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© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.China fines Nissan venture in anti-monopoly case
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ebisen
Too small of a fine,I doubt this will become a deterrent for the future.
sangetsu03
It is a common practice in developing countries. Price fixing is illegal just about everywhere else, including Japan. There are almost a dozen Japanese citizens in American jails right now who were convicted of price fixing, America punishes these offenders seriously. However, in Japan price fixing laws are not enforced, visit any movie theater and you will see a blatant disregard for Japanese price fixing laws (every theater in Japan charges the same price for a ticket) but of course no one is ever charged.
paulinusa
I wouldn't be so quick to condemn Nissan in this case. The Chinese government is known to enforce rules against foreigners while looking the other way with domestic companies ( in which many of the Chinese communist party members have an interest in)
avigator
Japanese popular custom of screwing their citizens.
cevin7
I don't understand what part is considered to be a monopoly, and what criteria China uses to decide whether a company monopolizes some economic section.
toshiko
In USA, price fixing by auto parts makers were parts makers gang up to ensure parts are not cheap so that automakers price is high. Toyota had been victim of price fixing. More expensive tires etc. (Bridgestone case etc)