A PYMNTS Company

China: Auto market catches NDRC attention

By  |  July 18, 2014

China’s National Development and Reform Commission has reportedly launched an investigation into foreign automobile manufacturers on suspicion of anticompetitive behavior.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Unnamed sources say Chinese regulators are looking into whether car makers are forcing auto parts companies into exclusive contracts, barring the parts makers from doing business with rival car companies.

    Daimler, Mercedes-Benz, Volkswagen Audi, Bayerische, Stuttgart, and several Japanese car makers were among the companies named by reports that are being targeted by the NRDC.

    Reports say state-run media in China have criticized foreign car makers in recent months for hiking spare parts prices.

    Full content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.