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Wednesday, June 05, 2019, 12:15
China fines Changan Ford for vertical monopoly agreements
By Xinhua
Wednesday, June 05, 2019, 12:15 By Xinhua

A visitor takes a photo of a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. (GREG BAKER / AFP)

BEIJING — China's State Administration for Market Regulation announced Wednesday that it has imposed a fine of 162.8 million yuan (23.6 million US dollars) on automaker Changan Ford for implementing vertical monopoly agreements.

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