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Antitrust probes need to be more open

By Tao Jingzhou ( China Daily ) Updated: 2014-09-01 06:44:59

Legal | Tao Jingzhou

Multinationals are having their share of troubles because of enforcement actions initiated by Chinese government authorities. Foreign companies involved in bribery, food safety and antitrust probes include GlaxoSmithKline, Nestle, Microsoft, Daimler, Audi and Qualcomm. Some of them believe they are being disproportionately singled out.

The actions were on the agenda of the China-US Strategic Economic Dialogue earlier this year. On July 12, the US Treasury Department said: "China recognized that enforcement of its competition law should be fair, objective, transparent, and non-discriminatory."

Antitrust probes need to be more open

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