NDRC investigation in automotive supply industry
On 19 February 2014, Mr Xu, the director of the Antitrust Bureau of the Chinese National Development and Reform Commission (NDRC), the antitrust enforcement authority in China in charge of price-related anti-competitive behaviour, indicated at a press conference that NDRC is currently collecting relevant information in the automotive parts industry and will likely launch antitrust investigations in this sector on suspicion of price-fixing cartels.
Automotive parts companies and OEMs (as long as their products are sold in China) might be involved in the potential NDRC investigations in two ways: being the investigation targets; and being the relevant parties and therefore being required to co-operate in the investigation process by providing information and answering questions to NDRC…
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