The Chinese NDRC in Guandong investigates and sanctions a cartel in the local sea sand mining sector (Baohai / Jianghai / Donghai)
The Guangdong Price Bureau, a local authority of the Price Supervision and Anti-Monopoly Bureau of NDRC, has recently investigated and sanctioned a cartel in the local sea sand mining sector pursuant to the AML.
According to the NDRC’s news release, the price of land reclamation sand used in the Pearl River estuary in the Guangdong province had increased sharply in the past year and this had seriously obstructed a number of major national construction projects, in
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