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bob10
21st August 2014, 08:02 AM
Quite a hefty fine, Bob


BBC News - China fines Japanese car parts firms for price-fixing (http://www.bbc.com/news/business-28863024)
DiscoMick
21st August 2014, 08:16 AM
Yes, interesting. I wonder how they define price-fixing? Could be a clash of capitalism vs. socialism there, maybe.
Of course, it doesn't hurt that the two countries are in a diplomatic stoush over those disputed islands, so is the timing coincidental or deliberate? Who would know.
bob10
21st August 2014, 10:31 AM
And Mercedes, Bob


BBC News - Mercedes in China price fix claims (http://www.bbc.com/news/business-28847344)


And USA


BBC News - Nu Skin: US firm gets $540,000 China fine (http://www.bbc.com/news/business-26722973)
SuperMono
21st August 2014, 07:51 PM
Price fixing bad, dumping good.
Price fixing bad, manipulating global exchange rates good.
Greatsouthernland
21st August 2014, 10:08 PM
...
manipulating global exchange rates good.

What has the US history of currency manipulation got to do with the fines?
SuperMono
22nd August 2014, 11:44 AM
What has the US history of currency manipulation got to do with the fines?

It taught China how do do it even better :p
Roverlord off road spares
22nd August 2014, 05:13 PM
From a Nation that flaunts international copyrights and reproduces High end Brand copies. Want a Rolex? fining others! so they will fine and probably get the money from companies that want to deal with China, but on the other hand companies that have China copy their stuff have stuff all chance of getting compensation from China.
Didge
23rd August 2014, 04:03 PM
Wonder how they propose getting the fine paid, especially if those companies decide to stop dealing with China. China is starting to flex its muscles in a number of areas but the consumers can control them by buying from elsewhere. I know that's easier said than done but it can send a message.
bob10
23rd August 2014, 04:35 PM
Wonder how they propose getting the fine paid, especially if those companies decide to stop dealing with China. China is starting to flex its muscles in a number of areas but the consumers can control them by buying from elsewhere. I know that's easier said than done but it can send a message.


True, mate, and Australians should only buy Australian made, & not off the internet. Good luck with that, Bob
Didge
23rd August 2014, 05:15 PM
Yeah, I know - $ before jobs eh? :) We'd need to be living under some declaration of war before we start manufacturing at home again.