Fonterra fined for price-fixing

China moves on New Zealand dairy exporter and five other companies after investigation.

China has fined dairy supplier Fonterra Co-operative Group (FSF) and five other baby formula companies for price-fixing.

The news follows a contaminated milk crisis in China, where Fonterra said three batches of whey product - which is used to make infant formula and sports drinks - had been found to contain a potentially deadly bacteria.

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