It has been reported [1] that last January, a local branch of the State Administration for Industry and Commerce («SAIC») [2], used, for the first time, its enforcement powers under China's Anti-Monopoly Law («AML») to fine a trade association and some of its members for having implemented various market sharing, customer allocation and output restrictions arrangements in the ready-mixed concrete market in China's Jiangsu province near Shanghai. I. Facts In April 2009, Lianyungang city Administration for Industry and Commerce («Lianyungang AIC») received complaints about ready-mixed concrete shortages from various building companies active in the Jiangsu Province. These shortages had forced the building companies to halt several important construction projects in the area and caused great
Share on
|
|
The Chinese State Administration for Industry and Commerce adopts its first cartel decision under the Anti-Monopoly Law in the concrete production sector (Concrete Committee cartel)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
