China’s market watchdog said on February 14 that it had issued an administrative fine order against the Munich Reinsurance Company (MRC) for its unreported acquisiton of Covanta Europe Assets Ltd. (CEAL), according to a notice published on its official website.
The judges of China’s Beijing High People’s Court on November 22 heard the arguments in a dispute between two Chinese pharmaceutical companies and the State Administration for Market Regulation (SAMR), China’s highest market regulator.
China’s State Administration for Market Regulation (SAMR) announced on November 20 the administrative penalties to be imposed on the companies undertaking illegal practices in 43 cases for concentration of business operators it had conducted investigations of.
China levied a $533 million fine on Meituan for violating anti-monopoly regulations, ending a months-long probe that had weighed on the country’s food-delivery leader.
Sony Music Entertainment (SME) announced May 17 that it has signed both a new direct China digital distribution deal with NetEase Cloud Music and a multi-year extension of its existing agreement with Tencent Music Entertainment (TME).
