China to punish Chrysler, Audi for anti-trust violations: official

Source: Xinhua | August 6, 2014, Wednesday |

Online Edition

TWO separate anti-trust probes into Chrysler and Audi have found that the two multinational carmakers have pursued monopolistic practices and will be punished, an official with China's top economic planning agency said Wednesday.

Li Pumin, spokesman of the National Development and Reform Commission (NDRC), told reporters that the Chrysler investigation was launched by the Shanghai Municipal Development and Reform Commission and the Audi probe was conducted by the Hubei Province Price Bureau.

The two investigations are drawing to an end, he said, without specifying details of the punishment.

Li also confirmed that the Jiangsu Province Price Bureau launched an anti-trust investigation last week into dealers of German auto giant Mercedes-Benz in five Jiangsu cities.

On Monday, inspectors from the Jiangsu Province Price Bureau and the Shanghai Municipal Development and Reform Commission made visits to Mercedes-Benz's Shanghai premises, he said.

Inspectors are still collecting evidence on and investigating whether Mercedes-Benz has used monopolistic tactics, Li said.

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China to punish Chrysler, Audi for anti-trust violations: official

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