China recently started drafting a set of antitrust guidelines for the auto sector, the first such rules devised for a specific industry, Beijing’s Economic Observer reports.
The antitrust authority under China’s National Development and Reform Commission made the announcement in a preparatory meeting held to discuss the guidelines on June 12, the paper said, adding that industry groups such as the China Association of Automobile Manufacturers and the China Automobile Dealers Association were invited to attend the meeting.
The introduction of guidelines on fair competition practices, on the other hand, is expected to help sort out the auto sector, which has developed based on questionable practices, said Shen Jinjun, head of the China Automobile Dealers Association.
Full content: Global Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI