The National Development and Reform Commission
(NDRC) has co-organised a conference focusing on
price related monopoly agreements with the European Commission
Directorate-General for Competition (DG
Competition). The conference took place from 1 to 2 June
Antitrust authorities from the following jurisdictions attended
this conference: the European Union, the United States of America,
Germany, Spain, Ireland, Australia, Greece. From China, officials
from several government agencies attended the conference, including
officials from: the Law Committee of the National People's
Congress, the Supreme People's Court, Legislative Affairs of
the State Council, the NDRC, the Ministry of Industry and
Information Technology, the Ministry of Commerce, the State of
Administration of Industry and Commerce, and pricing authorities
based in Beijing, Tianjin and Shanghai. Other attendees include
representatives from China Consumers' Association, China
Cleaning Industry Association and academics.
According to press reports, Mr. Peng Seng, the Vice Chairman of
NDRC, stressed during the conference that, price cartels are
extremely harmful to competition. Mr Peng also indicated that on of
the NDRC's enforcement priorities would be to investigate all
alleged price cartels and to stop these cartels from operating in
It is significant to note that the antitrust authorities in
China (including the NDRC) regularly co-host conferences such as
the one above, with overseas antitrust authorities. Regular contact
between the Chinese antitrust authorities and overseas antitrust
authorities ensure that the authorities are up to speed in terms of
recent antitrust or competition law developments in each
Cooperation between antitrust authorities is also a crucial
element in terms of "busting" large, multijurisdictional
cartels. To date, it would appear that there is only one formal
cooperative arrangement between the Chinese antitrust authorities
and overseas antitrust authorities. In January 2011, the NDRC
signed a Memorandum of Understanding with the United Kingdom's
Office of Fair Trading. The objective of the MOU is to enhance
cooperation between the NDRC and the OFT in the area of the
enforcement of competition policy. There is no doubt that we can
expect more of these formal cooperative arrangements in due
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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