#Santé #Pharma ailleurs China probes alleged price fixing of baby formula http://t.co/utOWisYHm4
July 04, 2013
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China probes alleged price fixing of baby formula
China has launched an investigation into alleged price fixing by some foreign makers of infant formula, including Danone and Nestle SA, the country's top economic planning agency confirmed Wednesday. The state-run People's Daily reported Tuesday that companies also including U.S.-based Abbott Laboratories and Mead Johnson Nutrition Co., as well as Dutch-based FrieslandCampina, are under investigation for allegedly violating anti-monopoly laws by charging high prices and limiting competition.