综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / View

Anti-monopoly efforts

China Daily | Updated: 2013-08-26 09:40

China is ramping up anti-monopoly law enforcement, a move that serves the country's pursuit of building a rule- and competition-based market economy.

Early this month, anti-trust regulators fined six dairy firms, mostly foreign, for alleged illegal pursuit of higher market shares through "vertical monopoly".

Vertical monopoly refers to behavior of a company that controls its production and distribution channels to forbid price cuts and prevent competition in the market.

Before that, global healthcare giant Johnson & Johnson was fined for minimum-price setting for surgical instrument sales.

While speculation has arisen that the country is making use of anti-trust moves to prevent foreign companies from expanding their foothold in the world's largest consumer market, regulators have announced their intention to target the petroleum, telecommunications, banking and auto sectors, which may concern mostly domestic enterprises.

And in previous investigations of industries such as publishing, insurance, liquor and gold jewelry, private, State-owned as well as foreign enterprises have been fined for violations of the anti-trust law. There is no evidence that foreign companies alone are been targeted in the investigations.

China's anti-monopoly investigations aim to prevent enterprises with a leading market position from abusing their position and having an adverse effect on the building of a competition-based market economy and harming the interests of consumers.

As China's market economy matures, such investigations could become routine, and market players, whether domestic or foreign, should make thorough assessments of whether their operations violate the country's anti-monopoly law before they start to implement competition strategies.

While such assessments might not have been necessary in the past, today they cannot be ignored.

Given China's short history of enforcing its anti-trust law - the anti-monopoly law was promulgated only four years ago and it was not until 2011 that the government established the anti-trust bureau - some foreign enterprises' concerns about, and distrust of, the country's anti-trust investigations are understandable.

Regulators, as they push their anti-trust drive, should strengthen information disclosure to alleviate such concerns. They need to clarify to the market what is behind their anti-monopoly moves and how they decide whether an enterprise is monopolizing the market or not.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
通江县| 镇赉县| 肃北| 岚皋县| 驻马店市| 霍州市| 稻城县| 紫金县| 松江区| 金堂县| 景泰县| 通江县| 合阳县| 澎湖县| 阳江市| 项城市| 墨江| 徐汇区| 巩义市| 临沧市| 永靖县| 边坝县| 浦北县| 黄浦区| 麦盖提县| 赤城县| 安康市| 邵武市| 大连市| 纳雍县| 蕉岭县| 棋牌| 天台县| 开江县| 东台市| 新津县| 商丘市| 海晏县| 花莲市| 新和县| 始兴县|