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China takes action against unfair pricing practices

China takes action against unfair pricing practices

China’s market regulator has urged solar energy companies in the country to stop price wars. Officials warned firms against unfair practices such as price collusion and fraud.

The State Administration for Market Regulation said it will strengthen product quality supervision and take action against illegal activities. These measures aim to maintain fair competition in the industry and stabilize prices.

In recent years, due to pressure on manufacturers, sharp price drops and non-transparent agreements have been observed. The current warning is part of new government measures to regulate competition and ensure industry stability.

Officials emphasized that such control measures will continue to support stable industry development and protect consumer interests.

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