The debate over whether China’s first antitrust probe on large state-owned companies will end up with a settlement or a fine has taken a new turn, following comments made by a government adviser.

China’s National Development and Reform Commission (NDRC) has imposed fines of almost 7 million renminbi (around €813,000) on two pharmaceutical companies for abuse of dominance in the market for blood pressure drugs. The fines are the first significant penalties the authority has issued for breach of competition law.

China Telecom and China Unicom, the country’s biggest landline operators, are under investigation by the country’s National Development and Reform Commission (NDRC) for alleged monopolistic practices.

China’s National Development and Reform Commission (NDRC) has fined consumer goods company Unilever two million renminbi (€212,000) for announcing price increases that allegedly disrupted markets and caused panic buying.

China’s State Council has introduced new rules for reviewing foreign acquisitions of domestic companies.

China’s State Administration of Industry and Commerce (SAIC) has today released the final draft of its implementation rules on the non-pricing aspects of the country’s Antimonopoly Law (AML).

China’s National Development and Reform Commission (NDRC) has fined a paper manufacturer trade association in Fuyang City 500,000 renminbi (€57,600) for allegedly fixing prices and coordinating output.

China’s National Development and Reform Commission (NDRC) has today published the final draft of its regulation on monopolistic pricing practices and its procedural regulation on administrative enforcement, which will both come into force on 1 February. 

China’s National Development and Reform Commission (NDRC) has released new draft regulations aimed at cracking down on illegal price fixing.