Beijing (AFP) March 19, 2013
Beijing lashed out Tuesday at a US court that ordered two Chinese pharmaceutical companies to pay $162 million for price-fixing in the US market, saying the ruling infringed its sovereignty. A federal court in New York last week ordered the North China Pharmaceutical Group Corp (NCPC) and one of its affiliates to pay the huge sums after a jury found they had fixed prices on vitamin C exports Reported by Terra Daily 2 hours ago.
Beijing lashed out Tuesday at a US court that ordered two Chinese pharmaceutical companies to pay $162 million for price-fixing in the US market, saying the ruling infringed its sovereignty. A federal court in New York last week ordered the North China Pharmaceutical Group Corp (NCPC) and one of its affiliates to pay the huge sums after a jury found they had fixed prices on vitamin C exports Reported by Terra Daily 2 hours ago.