国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto Policy

China fines Mercedes-Benz $57m

By Hao Yan (chinadaily.com.cn) Updated: 2015-04-23 12:48

China fines Mercedes-Benz $57m

The logo of Mercedes-Benz is seen on the wheel of the new version of A-Class car during its launch in Mumbai March 11, 2015. [Photo/Agencies]

Jiangsu province has announced a 350 million yuan ($57.1 million) fine on Mercedes-Benz, and 7.87 million yuan fine on some of its dealerships for their monopolies in finished vehicles and auto parts.

Jiangsu Provincial Price Bureau announced Thursday that Mercedes-Benz and the dealerships in Jiangsu province entered into monopoly agreements that violated the Chinese Anti-monopoly Law.

The German luxury carmaker said in its written reply that "Mercedes-Benz fully respects and accepts the findings and punishment decision, and will comply immediately.

"At the same time, we have developed, through a comprehensive self-examination, a series of targeted reform measures guided by the law enforcement authorities. Having drawn important lessons from this, we will ensure strict compliance with relevant laws, strengthening the legal and regulatory controls within our company, dealer network, and various business divisions to resolutely ensure that these issues do not arise again."

The bureau?said from January 2013 to July 2014, the company forced the floor prices of Mercedes-Benz E-Class, S-Class finished cars through phones, verbal notices, or dealer meetings. The company also warned of reducing the support to dealers who did not comply with the price-fixing.

The carmaker also organized regional dealer meetings and entered the price fixing agreement of some auto parts with dealers from Suzhou since November 2010, and with dealers from Wuxi and Nanjing, capital of Jiangsu province, from January 2014.

Mercedes-Benz has lead and impelled the monopoly practices, so it was fined with 7 percent of its last year's sales revenue in the related market. The dealers were fined with 1 percent. The price bureau mitigated or waived the fines to those dealers who provided critical proofs.

Hot Topics

Editor's Picks
...
霍邱县| 宁南县| 南丹县| 酒泉市| 甘德县| 墨脱县| 江北区| 龙门县| 清丰县| 卢氏县| 苏州市| 定州市| 留坝县| 蓬溪县| 潜山县| 彰武县| 蒲城县| 新蔡县| 长治县| 玉溪市| 泰安市| 汉沽区| 凤山县| 汾阳市| 彭山县| 苏尼特左旗| 陆丰市| 吕梁市| 石棉县| 榆社县| 中方县| 北京市| 泰和县| 固原市| 嘉兴市| 锦屏县| 巴林左旗| 邛崃市| 武强县| 耒阳市| 琼中|