Mead Johnson To Pay $33M In China Price-Fixing Probe

Law360, New York (August 6, 2013, 8:26 PM EDT) -- Mead Johnson Nutrition Co. announced Tuesday it had agreed to pay a $33 million fine related to an antitrust review in China of allegations that foreign baby food makers drove up the price of their products to benefit from high demand in that country.

Mead Johnson, the maker of the Enfamil brand and China's largest formula seller, said in a statement that the country's National Development and Reform Commission, an economic planning agency, had assessed administrative penalties against Mead and “a number of other milk formula...
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