Law of People's Republic of China (PRC) on Anti-Unfair Competition (1993 12 1) Article 23 If a public enterprise or other business operator has an exclusive position according to law and restricts others from buying the goods of its designated business operator, so as to crowd out the fair competition of other business operators, the supervision and inspection department at the provincial level or the city divided into districts shall order it to stop the illegal act. A fine ranging from 2,000 yuan to 50,000 yuan may be imposed. If a designated business operator sells inferior and high-priced goods or overcharges, the supervision and inspection department shall confiscate the illegal income and may impose a fine ranging from one time to three times the illegal income according to the circumstances.
Article 24 Where a business operator makes misleading false propaganda on commodities by advertising or other methods, the supervision and inspection department shall order it to stop the illegal act and eliminate the influence, and may impose a fine of 1 10,000 yuan but not more than 200,000 yuan according to the circumstances.
If an advertising operator acts as an agent, designs, produces or publishes false advertisements that he knows or should know, the supervision and inspection department shall order him to stop the illegal act, confiscate his illegal income and impose a fine according to law.
Secondly, if it is determined, it is to determine how to pay the fine: "bankruptcy" is the bankruptcy or dissolution of the company?
Where the company is dissolved, a liquidation group shall be established within 15 days from the date of the dissolution, and liquidation shall be started. The liquidation group of a limited liability company is composed of shareholders, and the liquidation group of a joint stock limited company is composed of directors or personnel determined by the shareholders' meeting. If a liquidation group is not established for liquidation within the time limit, the creditor may apply to the people's court to appoint relevant personnel to form a liquidation group for liquidation. The people's court shall accept the application and promptly organize a liquidation group to carry out liquidation.
If it goes bankrupt and goes through bankruptcy procedures, it is really difficult for the industrial and commercial fines to get court support.
"Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Enterprise Bankruptcy Cases" (Fa Shi [2002] No.23) Article 61 The following creditor's rights are not bankruptcy creditor's rights:
(1) Fines, fines and other related expenses imposed by administrative and judicial organs on bankrupt enterprises;
Of course, if the company still exists, the industrial and commercial authorities can apply to the court to enforce the fine. Law of the People's Republic of China on Administrative Punishment (1996) Article 51 If a party fails to perform the decision on administrative punishment within the time limit, the administrative organ that made the decision on administrative punishment may take the following measures:
(a) if the fine is not paid at the due date, a fine of 3% of the fine amount shall be imposed every day;
(2) Auction the seized or detained property or transfer frozen deposits to offset the fine;
(3) Apply to the people's court for compulsory execution.