China Telecom, China Unicom Face Anti-Monopoly Probe

Posted on by

By Vivian Ni

Nov. 10 – China’s National Development and Reform Commission (NDRC) is investigating China Telecom and China Unicom – two of the country’s major telecommunications operators – over suspected monopoly in the broadband internet market. The government’s unusual anti-monopoly probe into its state-owned enterprises may lead to support for bringing in more effective competition to the country’s telecommunications sector – one of the Chinese marketplaces still under tight government control.

Regulators believe both China Telecom and China Unicom are using their dominant market position – together occupying roughly two-thirds of the current market share – to charge their competitors higher fees for broadband access while offering lower prices to non-competitors, said Li Qing, deputy director of the NDRC’s Price Supervision and Antimonopoly Department, in an interview with China’s state-run China Central Television yesterday.

“According to the Anti-Monopoly Law (AML), we call such behavior price discrimination,” Li explained. Continue reading…

Dezan Shira & Associates

Meet the firm behind our content. Dezan Shira & Associates have been servicing foreign investors in China, India and the ASEAN region since 1992. Click here to visit their professional services website and discover how they can help your business succeed in Asia.

News via PR Newswire

Scroll to top