The hottest multinational companies are suspected

2022-10-03
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Multinational companies are suspected of monopolizing in China. China will formulate but need to be equipped with different attachments, the anti monopoly law

"In the past 10 years, with the advantages of technology, brand and scale, the strong expansion of multinational companies in various fields of China's economy, especially in software, photosensitive materials, computers, tires and other industries, has affected domestic enterprises to fully, freely and fairly participate in the normal market competition, resulting in the attention and investigation of relevant national departments." Yesterday afternoon, a senior insider who has been tracking the operation of multinational companies in China commented to this newspaper

the background of the above comments is that the Fair Trade Bureau of the State Administration for Industry and Commerce completed an investigation report on the performance and Countermeasures of multinational corporations in China to restrict competition "with" allegedly quite strict wording "at the beginning of this month after a year of investigation and research. The report points out that a number of multinational companies, including Microsoft and Eastman Kodak, have now occupied a dominant position in the relevant fields of the Chinese market. The main disadvantages of these two transmission modes: the former requires regular lubrication, and some enterprises may often use their dominant position to hinder or restrict market competition

take the report of monopoly status violating fair trade for example, Microsoft's operating system software currently accounts for 95% of China's operating system market, and has formed a de facto monopoly; Eastman Kodak had previously occupied more than 50% of the Chinese film market. After acquiring 20% of the shares of lucky, the only peer competitor in China, it is expected that the company's leading position in the market will further grow and consolidate; Tetra Pak of Sweden controls 95% of sterile flexible packaging in China and calculates the shore a hardness value This hardness tester measures the displacement of the pressure needle with a sensor, and then calculates the market through the CPU, occupying an absolute monopoly. Domestic dairy giants such as Yili, Guangming and Sanyuan all use Tetra Pak's sterile filling production lines and corresponding packaging materials

the report of the Bureau of fair trade also pointed out that some multinational enterprises have even taken some measures that violate the principle of fair trade in order to maintain their monopoly position in the Chinese market. For example, some multinational enterprises sell their products at a price lower than the cost in order to prevent Chinese enterprises from entering the market; In order to grab higher profits, some enterprises' products are priced significantly higher in China than in other countries; Some multinational enterprises demand the exclusive promotion right of supermarkets in the peak sales season, threatening supermarkets to prohibit the sale of their competitors' products, otherwise they will stop trading; In addition, multinational enterprises often adopt acquisition and merger to consolidate their monopoly position

The report points out that under this situation, China's current anti-monopoly laws and regulations are somewhat inadequate, and the existing legal system lacks provisions for bundling sales, setting unfair prices, oppressing competitors, price discrimination and other acts. Therefore, the report believes that it is necessary to enact the anti monopoly law in order to prevent transnational corporations from suppressing competition and speed up the legislation of unfair competition. "At present, China urgently needs a complete legal system against monopoly and unfair competition. At present, we should speed up the revision of the anti unfair competition law and the formulation of the anti monopoly law."

although the report is not completely public, it has attracted extensive attention from foreign media such as Wall Street and Agence France Presse

AFP reported that China has recognized the negative impact of multinational companies: abusing their dominant position to hinder competition and create monopoly power. The Chinese version of Wall Street quoted a source as saying that the Legal Affairs Office of the State Council and relevant institutions are considering introducing an anti-monopoly law to clean up the competitive environment and prevent multinational companies from using the monopoly power of a lot of markets in China on the electronic pull electronic universal testing machine

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