The Chinese NDRC imposes record fines and applies explicitely for the first time its leniency program (Automotive component suppliers’ cartel)

Note of Caution: Record Fines on 12 Japnese Auto Parts and Bearing Manufactures - Analysis of the NDRC's Penalty Decision and Countermeasures of Companies* Within six years of implementation of China's Anti-Monopoly Law, the China's law enforcement agency responsible for supervising price monopoly, the National Development and Reform Commission ("NDRC"), continues to strengthen its law enforcement efforts with rounds of “antitrust storm” that swept across a number of industries and companies along with record fines. This is especially true since 2013, the NDRC has probed into number of high-profile penalty cases, including the LCD Panel case [1], Moutai and Wuliangye case [2], Baby Formula case [3], Shanghai Gold Jewelers case [4] and Spectacle Lenses case [5]. Meanwhile, the NDRC has

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  • AnJie Law (Beijing)

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Michael Gu, The Chinese NDRC imposes record fines and applies explicitely for the first time its leniency program (Automotive component suppliers’ cartel), 20 August 2014, e-Competitions Bulletin Automobile, Art. N° 68697

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