Mercedes-Benz is cooperating with Chinese anti-trust regulators over an investigation

Article by Christian A., on August 7, 2014

Mercedes-Benz is cooperating with the National Development and Reform Commission -- China's anti-monopoly authorities -- over a probe into unspecified matters. Local media have reported authorities have raided Mercedes’ Shanghai office. Mercedes confirmed that it is assisting the authorities in the probe.

Mercedes-Benz spokesman Senol Bayrak said the carmaker is only confirming that officials from the antitrust agency visited the Shanghai office as part of a probe. Shanghai-based paper Jie Mian reported that nine officials from the agency’s antitrust investigation team made a surprise visit at the carmaker’s office in the city.

It reported that the team interviewed several senior executives and even confiscated computers as part of a probe. Prior to the raid, Mercedes disclosed it would drop prices on over 10,000 spare parts by an average of 15 percent. It followed a similar cut in prices for repair and maintenance services disclosed in July.

The German luxury carmaker is the latest foreign company being targeted by the NDRC, who have launched anti-monopoly produced in industries like pharmaceuticals and electronics.

NDRC has labeled US chipmaker Qualcomm a monopoly in July and is expected to impose a heavy fine. NDRC also raided Microsoft's offices in four Chinese cities as part of a current probe.

The raids and probes come as China enforces an anti-monopoly law enacted in 2008. It had already imposed substantial fines to some multinational companies like Mead Johnson Nutrition Co. and Danone. [source: automotive news - sub. required]

Topics: mercedes-benz, china

If you liked the article, share on:

Comments

Recommended

BMW has given the 2018 1-Series a facelift, and they have just released a ton of new photos and a couple of videos to show us what it’s got. Nevertheless,...
by - July 24, 2017
When Chevrolet came out with the 2018 Equinox last September, the facelifted model was offered in a diesel option for the first time, plus it weighed much less at 400...
by - July 23, 2017
If you are a huge fan of the hardcore GTS version, you probably know that the closest you could get to that model is the upgraded model of the M4...
by - July 23, 2017
Audi’s intention to bring out the Renn Sport Racing version of the Q5 was made clear when it unveiled the Audi SQ5 at the 2017 Detroit Motor Show early this...
by - July 22, 2017
Kia’s Sorento midsize sports utility vehicle is reaching its mid-cycle for the 2018 model year. Thus, its fans, enthusiasts and satisfied customers are expecting the Sorento to receive an update...
by - July 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries