Date
18 October 2017

Govt targets price monopolies in cars, drugs, Xinhua says

The National Development and Reform Commission is setting its sights on price monopolies in six major sectors, including pharmaceuticals and cars, Xinhua reported Sunday, citing an official in the commission’s anti-monopoly bureau. The other sectors are telecoms, aviation, home appliances and household chemicals, bureau deputy inspector Lu Yanchun was quoted as saying. He said that both provincial and central government agencies have the legal tools to tackle monopolies, the report said.

– Contact HKEJ [email protected]

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