Ensuring milk quality
China Daily | Updated: 2013-07-05 07:04
While the move to probe THE monopoly practices of some major infant formula producers will help strengthen market order in the short term, the quality of domestic products holds the key to the healthy development of the market in the long run.
The National Development and Reform Commission is investigating alleged price fixing and anti-competitive practices by producers of milk powder.
The investigation was launched against the backdrop of repeated rises in the prices of infant formula produced by some major brands in the past four years and ensuing complaints from consumers. Most of the investigated companies are foreign, and together they hold about half of the total market share.
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