Fair market is anti-trust goal

Probes into both domestic and foreign-funded enterprises are push for a more regulated market order and maturer mechanisms

Twelve Japanese auto parts and ball-bearing makers were fined nearly 1.24 billion yuan ($201 million) on Wednesday for price fixing and monopolistic activities. It is the largest fine imposed on companies since the National Development and Reform Commission and State Administration for Industry and Commerce launched the anti-trust probes, which have also covered enterprises such as Microsoft, Mercedes-Benz, BMW and Audi apart from domestic brands.

Since most of the companies penalized are globally renowned, some foreign media outlets have accused China of targeting foreign enterprises. But the fact is the anti-trust move includes domestic and foreign companies and is aimed at building a healthy market.