Tianjin probes collusion among home agents

Local firms also becoming targets of investigations

Tianjin is investigating whether local real estate agencies have been involved in collusive pricing, amid a wave of antitrust probes against leading foreign technology and vehicle companies.

Compared with other cases making the headlines, Tianjin's investigation has few implications beyond the city. The amounts of money involved are relatively trivial and most of the companies involved are little-known. But it indicates that the antitrust enforcement agencies are willing to look beyond sectors that foreign companies dominate, experts said.