Liquor makers pay record penalty

China's biggest liquor makers, Kweichew Moutai and Wuliangye, have paid a record-high combined fine of 449 million yuan ($71.4 million) for price fixing. Payment was confirmed by Zhang Guangyuan, deputy director of the price supervision and anti-monopoly department of the National Development and Reform Commission. China National Radio reported the two distillers violated anti-trust laws by financially penalizing third-party distributors who sold their products at prices lower than those set by the companies.