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
...
罗定市| 大荔县| 澜沧| 饶阳县| 和顺县| 绵阳市| 枣庄市| 阿拉善左旗| 获嘉县| 昌黎县| 德格县| 乐清市| 玉溪市| 井冈山市| 景宁| 江西省| 定兴县| 栖霞市| 吉隆县| 寿光市| 三穗县| 出国| 阳谷县| 宾川县| 望都县| 宁海县| 綦江县| 丰宁| 巴彦淖尔市| 加查县| 南宫市| 凌源市| 同江市| 梁山县| 惠东县| 渝北区| 台北市| 温州市| 东山县| 三门县| 临朐县|