Merd­edes-Benz re­port­edly in­ves­ti­gated on pric­ing

China Daily (Canada) - - NEWSCAPSULE -

Ger­man au­tomaker MercedesShang­hai of­fice has been searched by anti-mo­nop­oly officials, China Fi­nance In­for­ma­tion re­ported.

In­ves­ti­ga­tors, sent by China’s an­titrust reg­u­la­tor, the Na­tional Devel­op­ment and Re­form Com­mis­sion, vis­ited the au­tomaker’s Shang­hai of­fice on Mon­day and in­spected sev­eral of­fice com­put­ers, the re­port said. It also said that al­most all the staff was ques­tioned and sev­eral top man­age­ment lead­ers were ques­tioned.

The un­ex­pected probe re­port­edly tar­gets MercedesBenz’s car price poli­cies and price floor im­posed on deal­er­ships in China, said the re­port quot­ing peo­ple fa­mil­iar with the mat­ter.

Un­der pres­sure from Chi­nese an­titrust reg­u­la­tor’s mo­nop­oly con­cerns, Mercedes-Benz was the first to of­fi­cially re­duce the cost of af­ter-sales for its ma­jor mod­els by launch­ing its Start Main­te­nance Menu ear­lier on July 1. (Photo 2)

PRO­VIDED TO CHINA DAILY

A 5-year-old girl is dwarfed by a huge sponge cu­cum­ber in her fam­ily’s field in Jiangi province. The owner said it was al­ready 1.34 me­ters long and she plans to ap­ply for a Guin­ness World Record.

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