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Ex-China Official Says Firms Forced to Fix Vitamin Prices

Ex-Chinese Official Testifies Firms Forced to Fix Vitamin Prices
U.S. bulk vitamin C buyers alleged the Chinese companies acted voluntarily, abusing their dominance over the global market from at least late 2001 through mid-2006. Photographer: Joe Raedle/Getty Images

March 6 (Bloomberg) -- Qiao Haili, a retired Ministry of Commerce official who oversaw the vitamin C cos., testified yday in federal court in Brooklyn, New York and told jurors vitamin C makers were required by the Chinese govt to adhere to agreed-upon pricing and volume restrictions. * China Pharmaceutical Group Ltd., its Weisheng Pharmaceutical

unit, North China Pharmaceutical Co., and its Hebei-based

unit Hebei Welcome Pharmaceutical Co. accused of fixing

prices for bulk vitamin C sold in the U.S. * Link to story

For Related News and Information: Top legal news: TLAW <GO> Bloomberg legal resources: BLAW <GO> China Pharmaceutical coverage: 1093 HK <Equity> CN <GO>

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