China's antitrust probes not selective: NDRC
Updated: 2014-09-12 09:20
(Xinhua)
|
|||||||||||
BEIJING - China's antitrust law enforcement is neither selective nor targeting any particular market entities or foreign firms, an official said on Thursday.
The official made the response to concerns over anti-monopoly probes into foreign firms, such as Microsoft, Audi, BMW and Mercedes-Benz over the past two months.
The antitrust probes in China involve domestic and foreign firms, both private and state-owned enterprises, said Xu Kunlin, head of the anti-monopoly bureau of the National Development and Reform Commission (NDRC).
The NDRC has investigated 335 enterprises and industry associations over monopolies, 33 of which were foreign, Xu said.
The targets are fair market competition and better economic efficiency, not protecting domestic enterprises, Xu said.
Antitrust probes in China are triggered by consumers' reports and the probes will go wherever consumers complain. "There is no selective law enforcement," Xu said.
|
|
Anti-trust fine totals 1.6b yuan Jan to Sept | Premier: China's anti-trust probes do not target foreign firms |
Related Stories
Foreign firms 'must follow Chinese law' 2014-09-11 07:31
3 cement companies fined for price-fixing 2014-09-10 07:35
Cement companies slapped with fine for antitrust violation 2014-09-09 16:23
Antitrust unit visits medical devices and semi-conductor firms 2014-09-04 14:48
'Antitrust probes aim to ensure market transparency and rights of consumers' 2014-09-02 07:20
Monopoly probes treat firms equally 2014-09-02 02:13
Today's Top News
Obama orders airstrikes in Syria for first time
Putin blames West for Ukraine crisis
Cameron ' would be heartbroken' if Scotland leaves Union
China restricts overseas TV
Nation capable of hitting growth targets, Li says
Chinese peacekeepers to support South Sudan
Russia lays responsibility for MH17 crash
Space station eyes cooperation with other countries
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Righting wrong judgements |
People progress |
Caring out of the ordinary |
Young China - You've got talent |
Clearing the way with clean waters |
Host of Japan's historic surrender |