1. Main
  2. Learn
  3. Industry
  4. Auto

Mercedes-Benz accused of 'price-fixing': China media18 августа 2014, 13:16

Mercedes-Benz accused of 'price-fixing': China media Mercedes-Benz accused of 'price-fixing': China media

  China has accused Mercedes-Benz, a unit of German car giant Daimler, of price-fixing, state media reported, amid an anti-monopoly investigation into foreign carmakers, AFP reports.

Pricing authorities in the eastern province of Jiangsu have collected evidence that Mercedes-Benz controlled prices of its spare parts and maintenance services, the official Xinhua news agency reported Saturday.

The total cost of all spare parts for a Mercedes-Benz C-class could be 12 times more than a finished model, the report said, citing data from an industry group.

"The Benz case involves typical vertical price-fixing," Zhou Gao, head of anti-monopoly department at the Jiangsu price bureau, told Xinhua.

The bureau was designated by China's National Development and Reform Commission (NDRC) -- one of several Chinese government bodies that investigates violations of the country's "anti-monopoly" law -- to probe Mercedes-Benz for alleged monopoly actions, said Zhou.

A Daimler spokesperson confirmed Monday that the company was still "assisting" Chinese authorities in an investigation but declined to comment on the Xinhua report.

"We are unable to comment further on what is still an on-going matter," the company said in a statement provided to AFP.

Mercedes-Benz said in early August that it will cut spare parts prices from September in response to the anti-monopoly investigation by NDRC.

The case comes against the backdrop of a sweeping probe into foreign firms in China, which has spread from pharmaceuticals and baby formula to the auto sector, the world's largest but dominated by foreign brands.

More than 1,000 companies in the country's auto sector, both domestic and foreign, are currently under anti-monopoly probes by the government, the China Daily newspaper has reported.

The NDRC has yet to announce its findings and penalties for the companies involved.


Nobel prizewinner proposes a new city in KZ
New abnormal snowfalls expected in Kazakhstan
Huge glacier retreat triggered in 1940s
Hyperloop construction begins in Las Vegas
"Moonlight" to top Spirit Awards nominations
Oil prices fall due to investors uncertainty
New dwarf galaxy discovered around Milky Way
Kanat Islam becomes a top ten WBO boxer
World oil prices continue to rise
Kazakhstan expects warming - Kazhydromet
Merkel to seek fourth term as chancellor
Sale of Tintin drawings set to break records
US, EU stocks fall as markets focus on dollar
Pacific leaders urged to defend free trade
EU warns eight nations on budget deficit
Universiade-2017: Athletic Village is ready
Bob Dylan can't make Nobel ceremony
Messi will never leave Barca - club president
Google, Facebook take aim at 'fake' news
Aerosmith announces Europe 'farewell' tour
Putin, Trump to normalise US-Russia ties
At least 10 hurt in southern Turkey blast
6.2 quake hits western Japan