Vipshop
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Vipshop fined $464k by China's market regulator for unfair competition
China's State Administration of Market Regulation announced Monday that it had fined online discount retailer Vipshop RMB 3 million ($464,570) for unfair competition.
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Vipshop investigated for suspected unfair competition
China's State Administration for Market Regulation (SAMR) recently opened an investigation into Vipshop for suspected unfair competition, according to Xinhua.
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JD.com, Tmall, Vipshop fined for allegedly engaging in unfair pricing practices
The problems with the three online shopping platforms included raising prices before promising discounts, false promotions, and bait-and-switch transactions.
