Date
19 November 2017
Foreign companies investigated by Chinese antitrust officials include Audi which is alleged to have overcharged dealers and repair shops for spare parts. Photo: Bloomberg
Foreign companies investigated by Chinese antitrust officials include Audi which is alleged to have overcharged dealers and repair shops for spare parts. Photo: Bloomberg

European companies slam Chinese antitrust probes

European companies have lashed out at the Chinese government’s renewed crackdown on alleged violations of the country’s anti-monopoly law, saying that they have been subject to “intimidation tactics” by officials who have unfairly targeted foreign businesses.

In a rare public backlash, the Beijing-based European Chamber of Commerce in China on Wednesday issued what it described as a “consolidated stance” from member companies that had been targeted by antitrust investigations during the past year, the Financial Times reported.

“The European Chamber has received numerous alarming anecdotal accounts from a number of sectors that administrative intimidation tactics are being used to impel companies to accept punishments and remedies without full hearings,” the group said.

Chinese authorities had warned companies “not to challenge the investigations, bring lawyers to hearings or involve their respective governments or chambers of commerce”, the group said.

Last summer, China’s National Development and Reform Commission fined multinational baby powder manufacturers for alleged pricing violations.

The NDRC struck again last month when it raided the Shanghai offices of Daimler, the German company that manufactures Mercedes-Benz sedans, and said it would punish Audi for allegedly overcharging dealers and repair shops for spare parts.

US technology companies such as Qualcomm and Microsoft have also confirmed that they are the subject of competition investigations by Chinese authorities.

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RA/JL

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