Chinese academic database fined by antitrust watchdog
6:05 pm Tuesday, December 27th, 2022
BEIJING (Reuters) – China’s State Administration for Market Regulation (SAMR) has fined China National Knowledge Infrastructure (CNKI) 87.6 million yuan ($12.6 million) for abusing a “dominant market position”, the watchdog said on its website on Monday.
SAMR launched an antitrust investigation into the Chinese academic database in May.
($1 = 6.9601 Chinese yuan renminbi)
(Reporting by Sophie Yu and Bernard Orr; Editing by David Goodman)
