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China Fines Dongfeng Nissan for Violating Anti-monopoly Law
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  • http://english.dbw.cn   2015-09-11 14:09:43
     

    A Dongfeng Nissan dealer in south China’s Guangdong Province. [File Photo: hzlxt.com]

    Authorities in Guangdong have fined Dongfeng Nissan millions of yuan for violating the country's Anti-Monopoly Law.

    This comes after investigations revealed 17 local Dongfeng Nissan dealers colluded to set final sale prices on the vehicles.

    Chen Bo is the head of Guangdong's anti-monopoly bureau.

    Chen says "the dealers would meet once a week to discuss the prices of Dongfeng Nissan vehicles and exchange data. Through this, consumers would only be able to get a fixed price no matter which dealership they went to. The control the dealerships had on pricing was very strong."

    The dealerships have been fined a total of 20 million yuan.

    Dongfeng Nissan is a joint venture between Japan's Nissan and Chinese manufacturer Dongfeng Motors.

    Author:    Source: CRI     Editor: Yang Fan

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