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    China fines 12 Japanese firms $200m over monopoly  

    發(fā)改委對12家日企反壟斷罰款12.354億元

    據(jù)國家發(fā)展和改革委員會網(wǎng)站消息,今日,發(fā)改委公布了對日本12家企業(yè)的行政處罰決定,宣布對12家日本汽車零部件企業(yè)實施反壟斷處罰。國家發(fā)改委此前的通告顯示,對這12家日本零部件和軸承企業(yè)合計罰款12.354億元。[查看全文]
    2014-09-18 16:37 Ecns.cn Web Editor: Gu Liping
    1

    (ECNS) -- China's top pricing regulator released a statement on administrative penalties via its website on Thursday to 12 Japanese auto-part and bearing makers levied 1.24 billion yuan ($202 million) in fines.

    These companies were found to have implemented monopoly pricing agreements over a long period, the National Development and Reform Commission (NDRC) said in a statement.

    It is believed to be the largest fine China had imposed since its anti-monopoly law took effect in 2008.

    One of the auto-part manufacturers, Hitachi Automotive Systems, and bearing maker Nachi-Fujikoshi Corporation were found guilty, but were exempted from fines.

    The NDRC said both companies had reported monopolistic agreements to the authorities and provided evidence.

    Sumitomo Electric Industries Ltd. drew the heaviest fine at 290.4 million yuan ($47.28 million), followed by Yazaki Corp.

    Besides Sumitomo and Yazaki, perpetrators include Denso Corp., NSK Ltd., NTN Corp., Furukawa Electric Co., Jtekt Corp., Mitsubishi Electric Corp., Mitsuba Corp. and Aisan Industry Co.

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