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Cement makers warned against antitrust violations by Chinese market regulator

( June 6, 2024, 06:27 GMT | Official Statement) -- MLex Summary: The Ningxia provincial-level Administration for Market Regulation recently summoned local cement manufacturers to a meeting, during which they were warned against antitrust violations such as colluding to raise prices, splitting sales territories and abusing market dominance, according to a statement published today on the regulator’s official WeChat account. The cement suppliers were required to conduct self-examinations to ensure their compliance with antitrust laws. The meeting was attended by 25 cement producers in Ningxia as well as representatives of relevant trade associations.The statement follows:...

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