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LED-linked price hikes raise antitrust questions in China amid surging commodity prices

By Yonnex Li ( July 22, 2021, 09:41 GMT | Insight) -- A slew of almost concurrent price hikes by Chinese suppliers of LED-linked products, apparently fueled by rising raw-material costs, has prompted questions as to whether the country's antitrust regulator should intervene. There are concerns that a global rally in commodity prices might also have antitrust implications for downstream manufacturers, even as Chinese leaders pledged "zero tolerance" for cartels in upstream markets ranging from iron ore and steel to copper and aluminum.A slew of almost concurrent price hikes by Chinese suppliers of LED-linked products, apparently fueled by rising raw-material costs, has prompted questions as to whether the country's antitrust regulator should intervene....

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