On October 28, Jiangsu Provincial Market Supervision and Administration issued two administrative penalty notices, which were punished by Jiangsu Huaxiang Concrete Co., Ltd. of Suqian Commodity Concrete Industry Association.
After investigation, in May 2019, Suqian Commercial Concrete Industry Association and Jiangsu Huaxiang Concrete Company discussed price adjustment and stamped after drafting the Notice of Urban Concrete Price Adjustment, which was not implemented but still violated the Anti-monopoly Law.
Finally, they were fined 50000 yuan each.
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