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Starbucks may be next target of China antitrust probe   

官方人士称星巴克踩雷反垄断可能性大

“可以预见,未来某些外资企业‘踩雷’的可能性比较大。比如,星巴克公司在中国乃至亚太地区的利润明显高于欧洲和美国,一些制药企业在中国的利润明显高于欧洲。”一位不愿具名的政府人士向记者表示。 [查看全文]
2014-08-14 15:31 Ecns.cn Web Editor: Si Huan
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A Starbucks Chain in Beijing. (Photo: www.cnr.cn)

A Starbucks Chain in Beijing. (Photo: www.cnr.cn)

(ECNS) – Overseas-funded companies, including Starbucks and some pharmaceutical enterprises, might be targeted by China's anti-monopoly authorities for making much higher profits in China than in western countries, the Shanghai Securities News reported, citing an unnamed official.

China has ramped up anti-monopoly scrutiny since last year. The investigations have covered industries such as automobiles, wines, telecommunications, pharmaceuticals, milk powder and more. Domestic and overseas companies suspected of price fixing have been targeted.

A number of foreign carmakers came under anti-monopoly probes last month. Some brands including BMW, Toyota, Honda and Nissan have cut replacement part prices in response.

Four BMW dealers in Hubei province were fined a combined 1.63 million yuan (US$264,773) for deceptive pricing and setting unified prices for pre-delivery inspections, according to chinadaily.com.cn on Thursday.

Experts said the anti-monopoly probes would benefit Chinese consumers and China's automobile industry.

In 2013, Moutai and Wuliangye, two high-end Chinese liquor brands, were fined 449 million yuan in total for price monopoly. Six foreign milk-powder makers, Biostime and Mead Johnson included, were fined 668.73 million yuan for the same reason.

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