China Cites Chrysler, Audi For "Monopoly Behavior"
Aug. 06, 2014
(Undated) -- China is going to punish Chrysler and Audi for what the country's trade regulator calls "monopoly behavior." Chinese officials say they're concerned about unfairly high prices for vehicles and parts in the world's biggest car market. Automakers say China slaps heavy duties on imported cars and parts, which the companies say boosts costs for Chinese customers. And China's investigation of Microsoft for anti-trust violations appears to be widening. China's anti-trust regulatory agency conducted a new round of raids on Microsoft offices in at least four cities today. Today's raids follow a meeting that took place on Monday in Beijing between regulators and one of the top attorneys for Microsoft.