Min­istry fines Canon over Toshiba deal

China Daily (Canada) - - BUSINESS -

The Min­istry of Com­merce said it had fined Canon Inc 300,000 yuan ($43,133) over an im­proper dec­la­ra­tion process in the pro­posed pur­chase of Toshiba Med­i­cal. Canon did not fol­low cor­rect an­titrust pro­ce­dures when declar­ing the pro­posed pur­chase, the min­istry said.

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