Tetra Pak slapped with $99 million as anti-trust fine by China

摘要

Chinese regulators have slapped Swedish firm Tetra Pak with a 668 million yuan ($98.5 million) fine following an anti-trust probe into the global packaging giant. The company was found to have used its "dominant market position" to force suppliers to use its services and restrict their cooperation with rivals, a statement from the State Administration for Industry and Commerce (SAIC) said recently In a statement on its website, Tetra Pak said that it had "consistently attached importance to operating in accordance with regulations," adding that, although the decision was "regrettable" it would not file an appeal.