2 thoughts on “The biggest antitrust ticket in Chinese companies is released”

  1. The largest anti -monopoly fine penalty of Chinese enterprises in China was fined 457 million yuan in PVC companies
    The National Development and Reform Commission of China disclosed on the 27th that it has already implemented a polyvinyl chloride resin that has implemented price monopolies in accordance with the law (hereinafter using its English Referred to as "PVC") The Enterprise Office fined 1%to 2%of the relevant market sales in 2016, totaling 457 million yuan. This is the largest penalty issued by the China Anti -Monopoly Law in the past 9 years, the law enforcement department has issued a fine on domestic enterprises.

    2017, the National Development and Reform Commission received a report, reflecting the implementation price monopoly of some PVC operators, and jointly pushed the sales price The cost burden of downstream enterprises of raw materials has harmed the legitimate rights and interests of consumers.
    On one of the important common plastic raw materials, PVC is widely used in the fields of construction materials, medical devices, household appliances and other fields, which is closely related to industrial production and residents' lives.
    In received the report, the National Development and Reform Commission immediately launched an antitrust investigation. The survey results show that from March to December 2016, the company involved in the case held 6 meetings in the name of "Northwest chlorine consortium" to exchange market conditions and discuss output sales, and reached 13 price monopoly agreements through the WeChat group. Joined the price of PVC.
    The, Hubei Yizhe Group Co., Ltd. and Zhongyan Jilan Tai Salt Group Co., Ltd. as "Secretary -General Unit" and "Chairman Unit", respectively. The meeting, and repeatedly proposed price increases through the WeChat group, played a leading role in the case.

    It 16 other companies involved in the case participated in the "Northwest Chlorophyr Consortium" meeting, and responded in the WeChat group and supported the above two leaders. Price increase proposal. In the actual sales process, all companies involved in the case have implemented a monopoly agreement.
    If according to statistics, the company involved in the case accumulated a total of 12 million tons of PVC last year, accounting for about three -quarters of China's total output. Its operating behavior had an important impact on the PVC industry.
    The National Development and Reform Commission determined that in this case, the illegal acts involved in the case caused damage to the market competition order, downstream operators and consumers' rights and interests. The first is to exclude market competition. Illegal acts have seriously eliminated and limited the competitive order of the PVC market, and it is not conducive to promoting the industrial supply -side structural reform through marketization and rule of law.

    It is to increase the cost burden of downstream enterprises. The illegal act has pushed the price of PVC and increased the cost burden of related enterprises with it as the raw material.
    three is to harm the legitimate rights and interests of consumers. The rapid rise in PVC prices has led to the rise in prices of downstream furniture building materials, household appliances, building profiles and other products, increasing the burden on consumers and harming consumers' legitimate rights and interests.

  2. Anti -monopoly tickets are administrative penalties made by administrative organs. The purpose is to ensure fair and fair transactions and maintain the order of market economic order.
    "Anti -Monopoly Law of the People's Republic of China"
    I: In order to prevent and stop monopoly behaviors, protect the market fair competition, improve economic operation efficiency, safeguard consumer interests and social public interests, promote the socialist market economy Healthy development and formulation of this law.
    It 46 The operator violates the provisions of this Law and reaches and implemented a monopoly agreement shall order the antitrust law enforcement agency to order to stop illegal acts, confiscate illegal income, and at the previous year's sales of more than one percent of more than one hundred percent of the previous year. The fines of less than 10; the monopoly agreement reached that has not yet been implemented can be fined below 500,000 yuan.
    Ifly to report to the antitrust law enforcement agency to reach the relevant situation of the monopoly agreement and provide important evidence, the antitrust law enforcement agency may reduce or exempt the punishment of the operator as appropriate.
    The industry association violates the provisions of this Law and organizes the operator of the industry to reach a monopoly agreement, and the antitrust law enforcement agency may impose a fine of less than 500,000 yuan; if the circumstances are serious, the social group registration management authority may revoke the registration in accordance with the law.
    It 47 The operator violates the provisions of this Law and abuses market dominance, shall be ordered by antitrust law enforcement agencies to stop illegal acts, confiscate illegal income, and at the previous year's sales of more than one percent per percentage of percentage of percentage of 100 % or more Fined fines.
    Ilier 48 If the operator shall be implemented in violation of the provisions of this Law, the anti -monopoly law enforcement agency of the State Council shall be ordered to stop the implementation of centralized, shares or assets, and transfer operations within a time limit, and other necessary measures to be restored to the state before the concentration. It can be fined below 500,000 yuan.

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