China Anti-Monopoly Chief Promises Even Tougher Response To Violators
This article was originally published in PharmAsia News
Executive Summary
Those not yet subjected to China's recent crackdown against antitrust violations could still face even tougher responses by the government as it continues its probes while promising "heavy punches" to stem the behavior.
Those not yet subjected to China's recent crackdown against antitrust violations could still face even tougher responses by the government as it continues its probes while promising "heavy punches" to stem the behavior. Xu Kunlin, head of anti-monoply for the National Development and Reform Commission, the agency that regulates prices, added the tougher position would not be targeted only at foreign companies and would be expanded beyond makers of drugs and infant formula. Xu told a forum "heavy punches" would be used to stop monopolistic behavior in all sectors, particularly those with a direct impact on the average Chinese. (Click here for more
)
"Companies Treated Equally In Probe Of Anti-Monopoly Practice" - Shanghai Daily (China) (9/25/2013)