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China to Ramp Up Enforcement Against Malicious Price Competition

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China to Ramp Up Enforcement Against Malicious Price Competition China will step up scrutiny of malicious price competition, including cost investigations and price inspections of companies that engage in such practices, the State Administration for Market Regulation said at a State Council Information Office briefing on Sunday. The regulator said it will accelerate revisions to the Price Law and study rules aimed at curbing low-price dumping. Authorities said the goal is to shift...

China to Ramp Up Enforcement Against Malicious Price Competition China will step up scrutiny of malicious price competition, including cost investigations and price inspections of companies that engage in such practices, the State Administration for Market Regulation said at a State Council Information Office briefing on Sunday. The regulator said it will accelerate revisions to the Price Law and study rules aimed at curbing low-price dumping. Authorities said the goal is to shift competition away from price-cutting and toward improving product quality.
China (LOCATION) the State Administration for Market Regulation (ORG) State Council Information Office (ORG)
Originally published by Bloomberg Technology Read original →