Chinese academic database fined by antitrust watchdog

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A security surveillance camera overlooking a street is pictured next to a nearby fluttering flag of China in Beijing

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)

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