China: Auto market catches NDRC attention

China’s National Development and Reform Commission has reportedly launched an investigation into foreign automobile manufacturers on suspicion of anticompetitive behavior.

Unnamed sources say Chinese regulators are looking into whether car makers are forcing auto parts companies into exclusive contracts, barring the parts makers from doing business with rival car companies.

Daimler, Mercedes-Benz, Volkswagen Audi, Bayerische, Stuttgart, and several Japanese car makers were among the companies named by reports that are being targeted by the NRDC.

Reports say state-run media in China have criticized foreign car makers in recent months for hiking spare parts prices.

Full content: Bloomberg

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