Regulator set to strengthen antitrust laws during 2015

Updated: 2014-12-26 07:48

By WANG ZHUOQIONG(China Daily)

No 4 Eyeglasses price fixing

In May 2014, NDRC stated that Johnson & Johnson Inc and Bausch & Lomb Inc had pursued vertical price-fixing.

These two companies and several contact lens and eyeglass manufacturers were fined a total of 19.6 million yuan ($3.18 million).

Regulator set to strengthen antitrust laws during 2015

A customer walks past the Bausch & Lomb Inc stand during a promotional event at a shopping mall in Beijing, China, December 8, 2012. [Photo/IC]