China Fines Dongfeng Nissan for Violating Anti-monopoly Law | |||||||||||
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http://english.dbw.cn
2015-09-11 14:09:43
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![]() 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. |
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Author: Source: CRI Editor: Yang Fan |