{"id":1036,"date":"2011-11-15T19:11:04","date_gmt":"2011-11-15T19:11:04","guid":{"rendered":"http:\/\/www.wi.rwth-aachen.de\/SmartMedCN\/?p=1036"},"modified":"2011-11-15T19:11:04","modified_gmt":"2011-11-15T19:11:04","slug":"ndrc-imposes-high-fines-for-antitrust-infringements","status":"publish","type":"post","link":"https:\/\/blog.rwth-aachen.de\/smartmedcn\/2011\/11\/15\/ndrc-imposes-high-fines-for-antitrust-infringements\/","title":{"rendered":"NDRC Imposes High Fines for Antitrust Infringements"},"content":{"rendered":"<p><strong>China&#8217;s National Development and Reform Commission (&#8220;NDRC&#8221;) announced that it had imposed a fine of approximately RMB 7 million (~USD 1.1 million) on two private pharmaceutical companies for colluding to raise the price of promethazine hydrochloride, the base ingredient for compound reserpine tablets, a hypertension medicine that treats high blood pressure. 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