综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Regulator set to strengthen antitrust laws during 2015

By WANG ZHUOQIONG (China Daily) Updated: 2014-12-26 07:48

Regulator set to strengthen antitrust laws during 2015

The signage of FAW-Volkswagen is pictured during the 12th Beijing International Automotive Exhibition, known as Auto China 2012, in Beijing, April 25, 2012. FAW-Volkswagen Sales Co was fined 248.58 million yuan, equivalent to 6 percent of the company's sales in 2013. [Photo/IC]

Efforts aimed at creating fair market environment for firms, say officials

The country's top competition regulator has vowed to strengthen its anti-monopoly efforts next year to ensure fairer market conditions.

Zhang Mao, head of the State Administration for Industry & Commerce, told a conference in Beijing on Thursday that its priority for 2015 remains cracking down on monopoly and illegal competition in key sectors, and any actions that infringe upon commercial intelligence rules.

The administration is expected to roll out relevant competition rules, promote unified competition, and improve a fairer competitive environment, he said.

"It is important to introduce competition to the market and to coordinate industrial and competition policies," said Zhang.

From January to November, the administration investigated companies accused of being allegedly involved with monopolies, including the Swedish firm Tetra Pak and US technology giant Microsoft Corp.

It has strengthened supervision over both traditional industries and the Internet-based sectors, investigating a total of 43 monopoly cases. It also investigated and dealt with 26,000 illegal competition cases.

High-profile investigations against Western companies, have sent shockwaves across various international business sectors.

In September alone, antitrust fines totaled more than 1.63 billion yuan ($266.6 million), after two multinational automakers and their dealers were reported to have breached rules and been levied heavy fines.

FAW-Volkswagen Sales Co was fined 248.58 million yuan, equivalent to 6 percent of the company's sales in 2013, with seven dealers of its luxury Audi brand fined 29.96 million yuan.

Chrysler Group China Sales Ltd was fined 31.68 million yuan by the Shanghai Municipal Development and Reform Commission, equivalent to 3 percent of its sales of the previous year, with three Chrysler dealers fined 2.14 million yuan.

Throughout the process of clamping down on anti-monopoly activities, Chinese regulators have denied targeting foreign companies.

Xu Kunlin, head of the antitrust bureau of the National Development and Reform Commission, said in September that of the 335 enterprises investigated by the NDRC over monopolies, only 33 were foreign.

The emphasis was put on fairer market competition and better economic efficiency, rather than protecting domestic enterprises. Many of the antitrust probes were triggered by consumers, and the probes went wherever consumers complain, said Xu.

Previous Page 1 2 3 4 5 6 7 8 9 10 Next Page

Hot Topics

Editor's Picks
...
三河市| 桐城市| 泰和县| 含山县| 宜兰县| 张掖市| 泸西县| 千阳县| 柳河县| 凯里市| 建昌县| 和静县| 泽州县| 睢宁县| 永和县| 凤城市| 河间市| 宣武区| 凤庆县| 新乡市| 墨脱县| 红河县| 陕西省| 徐闻县| 图木舒克市| 阳信县| 陕西省| 兰溪市| 日照市| 延吉市| 鄢陵县| 阿鲁科尔沁旗| 潼关县| 上思县| 兖州市| 乐都县| 邳州市| 揭阳市| 横峰县| 保康县| 桐梓县|