奔驰因价格操纵被罚3.5亿
Provincial authorities in Jiangsu have slapped a 350-million yuan fine on Mercedes Benz for price manipulation.
江苏省政府对梅赛德斯·奔驰罚款3.5亿元，因该企业实施价格操纵。
The Jiangsu provincial price control bureau is also fining a number of Mercedes distributors 7.8 million yuan in total.
The penalties follow an investigation into accusations that Mercedes has been dictating a minimum selling price to many of its dealers in the province of Jiangsu.
The 350 million yuan fine accounts for 7 percent of Mercedes' total sales in Jiangsu last year.
China's anti-trust regulator has also hit Volkswagen and Chrysler with similar fines for price-fixing.