Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Chinese court rules against J&J in monopoly suit

Chinese court has ordered the U.S. Johnson & Johnson medical products supplier payment of compensation cases brought by former distributors, according to state antitrust laws.
Shanghai to expand the court's ruling on the occasion of five-year-old anti-monopoly law, while investigating possible price manipulation and other misconduct global company.
The court ruled that Johnson & Johnson injured his surgical sutures, by setting minimum retail price, leading Chinese companies lose some potential sales agent. The court said, Johnson & Johnson (Johnson & Johnson) "vertical monopoly" is guilty, 530,00 yuan ($ 85,000), and received compensation.
Johnson & Johnson in Beijing and Shanghai offices of the phone, did not answer.
 



Other News:
Huntsman 2Q adj.profit meets analysts' estimates
Chinese court rules against J&J in monopoly suit
U.S. extends embassy closings, lawmakers say threat serious
Honda quarterly profit slips despite solid sales
U.S. to close some embassies Sunday for security reasons
U.S. extends embassy closings, lawmakers say threat serious
Zawahri vows al Qaeda to free Guantanamo inmates
Saudi airman rejects plea deal in Vegas child rape