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Hubei price bureau asks two local government units to correct administrative monopoly behavior

( December 8, 2017, 04:16 GMT | Official Statement) -- MLex Summary: The Hubei provincial price bureau recently handled two cases involving abuse of administrative power to restrict competition. In one case, a police station in Wuhan designated an engraving shop for applicants seeking administrative approvals; in the other case, the Huanggang prefecture-level bureau of land and resources designated a commercial bank for bidders seeking the right to use state-owned land to pay their security deposits. The Hubei price bureau suggested corrections for the two authorities, and they have taken measures and ceased their anticompetitive practices.The regulator's statement follows:...

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