Want China Times, Xinhua 2014-08-06
Two separate anti-trust probes into Chrysler and Audi have found that the two multinational carmakers have pursued monopolistic practices and will be punished, an official with China's top economic planning agency said Wednesday.
A Chrysler dealership in Shanghai, Aug. 6. (Photo/CFP) |
Two separate anti-trust probes into Chrysler and Audi have found that the two multinational carmakers have pursued monopolistic practices and will be punished, an official with China's top economic planning agency said Wednesday.
Li Pumin,
spokesperson for the National Development and Reform Commission (NDRC), told
reporters that the Chrysler investigation was launched by the Shanghai
Municipal Development and Reform Commission and the Audi probe was conducted by
the Hubei Province Price Bureau.
The two
investigations are drawing to an end, he said, without specifying details of
the punishment.
Li also
confirmed that the Jiangsu Province Price Bureau launched an anti-trust
investigation last week into dealers of German auto giant Mercedes-Benz in five
Jiangsu cities.
On Monday,
inspectors from the Jiangsu Province Price Bureau and the Shanghai Municipal
Development and Reform Commission made visits to Mercedes-Benz's Shanghai
premises, he said.
Inspectors
are still collecting evidence and investigating whether Mercedes-Benz has used
monopolistic tactics, Li said.
The NDRC is
one of three government antitrust agencies in China. It is in charge of the
examination and regulation of price-related monopolistic practices.
According
to Li, the NDRC has recently finished investigations into 12 Japanese companies
and found monopolistic behaviors in auto parts and bearing prices. Li said the
commission will punish them in accordance with the law.
Li said the
commission launched anti-monopoly probes into the auto industry at the end of
2011 with the aim to safeguard competition in the market and protect customers'
legitimate rights.
China has
an anti-monopoly legal system containing an Anti-Monopoly Law, Regulations on
Anti-Price Monopoly and Procedural Regulations on Administrative Enforcement of
Anti-Price Monopoly.
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