Sources from China's National Development and Reform Commission (NDRC) said that it recently made a penalty to the well-known enterprise FAW-Audi with a fine of 270 million Yuan. Up to now, China has made six anti-monopoly penalties of over a hundred million Yuan's fine, totally over 3.2 billion Yuan since last year.
According to a principal of NDRC, the companies punished during the six years since the Anti-monopoly Law of China enforced were both from domestic and abroad. The officer declared that every company is equal before the Anti-monopoly Law in China.
China has enlarged its scope of investigation and punishment since early 2013. On August 20th, 2014, NDRC made a fine of 1.235 billion Yuan to twelve Japanese automobile parts and bearings companies including Sumitomo, Seiko, NTN and so on.
The office said that, China would welcome foreign investors and keep the opening-up policy as usual. All companies would be treated equally without discrimination on law enforcement.
Among all the anti-monopoly cases, the case of Qualcomm attracted more attention than others. It is reported that Derek Aberle, the President of Qualcomm, came with his executives to NDRC to be inquired for its suspected monopoly behaviors for the fourth time. Qualcomm and NDRC had a broad and in-depth exchange of views on many issues of anti-monopoly. NDRC started the anti-monopoly investigation since the second half of 2013, and published it on a press conference in February, 2014.
(Source: China IP News)
