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China lets loose antitrust watchdogs

BEIJING -- China is putting teeth into enforcement of its anti-monopoly law, and foreign companies are feeling the bite.

     The National Development and Reform Commission on Wednesday found 12 Japanese car parts makers, including Toyota affiliate Denso and Mitsubishi Electric, guilty of price fixing and other violations. Ten of them were ordered to pay one of the biggest antitrust fines to date in China -- 1.23 billion yuan ($200 million).

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