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China's SAMR touts CATL-Jichai JV approval to curb price wars

By MLex Staff ( January 28, 2026, 07:34 GMT | Insight) -- China’s top competition regulator is breaking from its usual playbook of punitive crackdowns by spotlighting a quick merger approval in the energy-storage sector as a model for curbing price wars. The State Administration for Market Regulation’s unconditional approval of a joint venture between CNPC-backed Jichai Power and Contemporary Amperex Technology, or CATL, is the only merger clearance on its latest list of top 10 major cases targeting “involution-style” competition.China’s top competition regulator is breaking from its usual playbook of punitive crackdowns, instead highlighting a quick merger approval in the energy-storage sector as a model to address price wars — a sign of regulatory innovation aimed at steering key industries toward high-quality growth....

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