China News Service, August 3, according to the WeChat official account of the State Administration of Market Supervision and Administration, in response to prominent problems such as hype and high prices in the automotive chip market, the State Administration of Market Supervision has recently conducted investigations on cars suspected of driving up prices based on price monitoring and reporting clues. The chip distributor company filed a case for investigation.
In the next step, the State Administration of Market Supervision will continue to pay attention to the market price order of important commodities such as chips, further strengthen supervision and law enforcement, and severely investigate and punish illegal acts such as hoarding, price drive ups, and price collusion.
Image source: WeChat official account of the State Administration for Market Regulation