By Susan Ning, Liu Jia and Angie Ng The National Development and Reform Commission (NDRC) has co-organised a conference focusing on price related monopoly agreements with the European Commission Directorate-General for Competition (DG Competition). The conference took place from 1 to 2 June 2011. Antitrust authorities from the following jurisdictions attended this conference: the European… Continue Reading
Tag Archives: price
Price signaling and price hikes – a breach of the Price Law or Anti-Monopoly Law?
Posted in Antitrust & CompetitionBy: Susan Ning, Angie Ng and Shan Lining Last week (between 26 to 27 May 2011), it was reported in the press that Unilever has raised the prices of specific products (including Lux and Hazeline branded shampoos and shower gels) by 10% in some cities including Beijing, Shanghai and Guangzhou (Unilever’s price increases). This was… Continue Reading
Price hikes and price signaling
Posted in Antitrust & CompetitionBy: Susan Ning, Shan Lining and Angie Ng On 6 May 2011, the National Development and Reform Commission (NDRC) announced that a manufacturer of household and personal care products (the Manufacturer) has been fined a total of RMB2 million for breaching the Price Law. The NDRC also appeared to have made some Anti-Monopoly Law (AML)… Continue Reading
NDRC Held Talks with 17 Industry Associations
Posted in Antitrust & CompetitionBy Susan Ning and Yin Ranran On 2 April 2011, the National Development and Reform Commission (NDRC) hosted a conference with 17 industry associations (relating to businesses selling major consumer products such as household electrical appliances, food, beverages and dairy products) in Beijing. Specifically, the NDRC’s Price Department and Economic and Trade Department convened the… Continue Reading
Businesses Should Be Cautious in Making Advance Price Increase Announcement
Posted in Antitrust & CompetitionBy Susan Ning, Yin Ranran and Angie Ng An instant noodle manufacturer recently announced that it decided to increase prices for its "container instant noodle" (referring to both instant noodles packaged into a variety of "cup-like" or rectangular containers) from 1 April 2011. In China, this instant noodle manufacturer is considered one of the leading… Continue Reading
Price Hikes for Washing Powders, Soaps and Shampoos Expected in April
Posted in Antitrust & CompetitionBy Susan Ning, Yin Ranran, and Angie Ng Recently, there has been a flurry of press reports on the proposed price increases by several major manufacturers of household and personal care products, including multinationals such as Procter & Gamble and Unilever, as well as domestic manufacturers such as "Liby" and "Nice". Pursuant to the press… Continue Reading
Salt Price Hikes Curbed by the Price Law
Posted in Antitrust & CompetitionBy Susan Ning, Shan Lining and Angie Ng The radiation leaks in Japan’s Fukushima Daiichi nuclear plant (caused by the earthquake-tsunami in Japan on 11 March) has made consumers in China paranoid about the salt they will consume in the near future. Once news of the leak in the nuclear plant broke, there was a… Continue Reading