This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

China's Jiangxi provincial explosives association, companies fined for monopoly agreements

( April 10, 2026, 08:46 GMT | Official Statement) -- MLex Summary: China’s Jiangxi Provincial Society of Explosives and Blasting was fined by the local market regulator for organizing companies to reach monopoly agreements, according to the penalty decisions issued by the State Administration for Market Regulation on Thursday. The regulator found that in 2020 the association organized companies to sign a provincial market order convention and implement rules, and later signed a “no increase” arrangement on sales outlets and volumes, restricting output and fixing prices of civil explosives. The conduct deprived operators of independent pricing and production decisions and excluded competition, supported by mechanisms such as contract filing, blacklists and deposits. The authority, which opened an investigation in June 2022, imposed a fine of 300,000 yuan ($44,000) on the association, and separately fined Jiangxi Guotai Group and Jiangxi Ganxiang Explosives Sales Company 200,000 yuan each for their participation in the monopoly agreements.Statement follows and the penalty decision is attached (in Chinese)....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections