four of our collective time nodes means that the price of brand choice, both in the national “ &rdquo the two associations, and later, also in “3·15&rdquo, after which it seems to be a premeditated mark price of select. Of course, the most intriguing is why four Japanese brands of both collective price? In accordance with the General knowledge of principles of market competition, competition often prices before and after the subject, even you up I don't appear to rise in competition policy, but looking back at the four days of brand, it is a tacit understanding, in unison, make people suspicious cluster.
of course, did not have conclusive evidence, we cannot conclude that the four brands is tacit collusion, collective price after reaching consensus. However, shortly before Spain heavy penalties such as Procter, l ' Oréal cosmetic giant, but give us some good inspiration. On March 3, Spain said in a statement at the national competition Commission, 8 beauty products manufacturer alliances during the 1989, Spain selling hair care products in the market common pricing. Enterprises, including in connection with the world's largest manufacturer of beauty products France l ' Oréal company, United States cosmetic Giants Procter, Germany world famous enterprises such as Henkel group based in Spain branch of total occupied Spain shampoo and hair care 70% market share in the field. Investigation revealed that these enterprises will meet once every six months to discuss and develop product pricing and other enterprise policies.
carefully looked this up heavy penalties case, has several details worth a to: a is was punishment of are is day of Giants; second is was punishment of causes is manipulation price; three is eight large giants has formation monopoly market of potential, total occupy Spain wash made and nursing made products area 70% of market share; four is fine does not is high, but also does not low, statistics display, Spain this total sentenced 50 million euro of fine; five is face fine, Procter and company seems to calmly, and early has expected, according to disclosure, Procter and company this year January has reserved 299 million dollars funds, for should European management sector may to anti-monopoly for by sentenced of fine, this seems to can contrary out Procter and company participation has manipulation price of industry collusion.
and eight large Giants frustrated Yu Spain compared, this four giants in in China of collective price also has its same points: one, eight large Giants total occupy Spain wash made and nursing made products area 70% of market share, and Procter and, and joint Revell, and libai and nice this four giants, almost occupy has in China 80% above of washing supplies market share, monopoly sexual more strong; second, former manipulation price of way is each half a year open once will, and this four giants has not been was found “ collusion ” of way, but from both collective price see, so “ coincidence ” was suspicion.
in fact, not only Spain, Western monopolies, price manipulation behavior in some developed countries have always been wary, penalty amount is astronomical data. For example, in October 2007, the EU gave a up to 777 million euros on Microsoft antitrust violation. For example, United Kingdom airlines and Korean Air have been collusion by competitors raise ticket prices, United States Court issued US $ 300 million huge fines.
we also know that United States antitrust private litigation system has been established, the system's greatest feature is to let consumers direct prosecution there is a market monopoly enterprises. EU Antitrust private litigation system of promotion. For the public, to the public platform for constructing the system of the Antimonopoly Act, which we reference.
the rising price of daily necessities of collective also is the collective price of our products, shady unjustifiable price increase are the dice, and joint price monopoly oligarchs, the consequences of terrible —&mdash more; will reset the disadvantaged position of the consumer in full. As we all know, on August 1, 2008, making a 14-year-old Chinese anti-monopoly law took effect, Essentials of the law is that enterprises using market dominance of price manipulation behavior, would be considered illegal. In the huge inflationary pressures of the moment, any rise in prices such as fuel, not only to the Government controlled inflation increased difficulty, it is adding pressure to the people living. Government regulators to active investigations of four giant collective price behavior, if suspected of manipulating prices, they should be severely punished according to law; if not, should have its innocence.