• 11/10/2024

Royal Philips to Pay $62 Million to Settle China Bribery Probe

Wall Street Journal

Amsterdam-based company used special price discounts for distributors and manipulated Chinese procurement processes by influencing state-run hospital officials, regulators said.

https://www.wsj.com/articles/royal-philips-to-pay-62-million-to-settle-china-bribery-probe-acc461c2