Post Tagged with: "Law"

Hitachi: Concerning the selling of automotive parts that violates China’s Anti-Monopoly Law

Tokyo, August 20, 2014 — Hitachi Automotive Systems, Ltd. today announced that it has been notified by the National Development and Reform Commission of the People’s Republic of China that its selling of some automotive parts has been in violation of China’s Anti-Monopoly Law. Hitachi Automotive Systems has been fully cooperating with the investigation being conducted by the National Development[Read More…]

Fined by National Development and Reform Commission of People’s Republic of China for Violation of Chinese Antitrust Law

On August 19, 2014 (Chinese Time), JTEKT CORPORATION (“JTEKT”) has been imposed  on a fine of 109.36 million Chinese Yuan (approximately 1,800 million Japanese Yen) by the  National Development and Reform Commission (“NDRC”) of People’s Republic of China for  violation of Chinese antitrust law in relation to some past sales of bearings in Chinese market. As JTEKT treats this matter[Read More…]