NDRC's Antitrust Crackdown Continues and its Scope Broadens
17 September 2013
On September 4, 2013, the Guangdong Price Bureau issued its decision to fine two river sand companies for antitrust-related offenses. The Price Bureau acts as the local office of the National Development and Reform Commission.
The offenses found – abuse of dominance in violation of the Anti-Monopoly Law by way of 'excessive pricing,' and 'hoarding' supplies in violation of the Regulation on Administrative Penalties for Illegal Pricing Conduct – shows the way in which the scope of NDRC's antitrust investigations seems to be widening.