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ARTICLE · 26 JULY 2010

Antitrust Alert: Chinese Pricing Enforcers Impose Higher Fines as New Rules Proposed

Jones Day
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Recent actions by the Chinese price regulator, the National Development and Reform Commission ("NDRC"), indicate an increasing emphasis on enforcement against pricing and other competition law violations.

ChinaAntitrust/Competition Law
Peter Wang
Peter Wang
H. Stephen Harris, Jr.
H. Stephen Harris, Jr.
Yizhe Zhang
Yizhe Zhang
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Recent actions by the Chinese price regulator, the National Development and Reform Commission ("NDRC"), indicate an increasing emphasis on enforcement against pricing and other competition law violations. Companies in agriculture industries and other business sectors that could implicate national or industrial policy concerns are especially likely to face review during periods of high or anomalous pricing.

This month NDRC has announced a series of enforcement actions against several agricultural product companies for seeking to increase prices through collusion, false rumors of price hikes, and forestalled production. This follows cartel enforcement actions against domestic rice noodle suppliers announced a few months ago (as described in our prior alert.

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