China is investigating imported milk powder manufacturers due to suspected price fixing

China has launched investigations against imported milk powder manufacturersín China, due to suspected price fixing – the state media reported.

The affected companies are the Swiss Nestle, the French Danon and one Dutch and two American companies, the Abbott and the Mead Johnson assured the investigators that they will cooperate. The investigations will include a China based importer the Biostime International Holdings, which supplies from Europe.  (Trebitsch Péter, MTI)