Thread: China fines Japanese car part manufacturers for price fixing

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.

And Mercedes, Bob


BBC News - Mercedes in China price fix claims


And USA


BBC News - Nu Skin: US firm gets $540,000 China fine

Price fixing bad, dumping good.
Price fixing bad, manipulating global exchange rates good.

Originally Posted by SuperMono

...
manipulating global exchange rates good.

What has the US history of currency manipulation got to do with the fines?

Originally Posted by Greatsouthernland

What has the US history of currency manipulation got to do with the fines?

It taught China how do do it even better

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.

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.

Originally Posted by Didge

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