The Department of Price Supervision and Inspection of the Development and Reform Commission (NDRC) has notified six typical cases of price collusion, price gouging and price fraud in Chongqing, Hubei and Jilin. In addition, in order to maintain market price order, the NDRC said it is considering an appropriate increase in the amount of fines for price violations.

For the act of "colluding with each other, manipulating market prices, and harming the legitimate rights and interests of other operators or consumers," the relevant departments will be in accordance with the relevant laws and regulations, up to 300,000 yuan in fines, and if the circumstances are serious, the company will be ordered to suspend business and rectify the situation, or the business license will be revoked by the industrial and commercial administrative authorities.

Many of them for collusion to increase prices, the National Development and Reform Commission said it intends to increase the amount of penalties

In response to the part of the enterprise to take advantage of the food price increases, take advantage of the opportunity to ride on the price increases, individual operators hoarding, price inflation and other price violations, the National Development and Reform Commission at the national level to crack down on price collusion, price gouging, price fraud and other price violations. The NDRC's Price Supervision and Inspection Division has notified six typical cases of price collusion, price gouging and price fraud in Chongqing, Hubei and other places. In addition, the NDRC said it is considering an appropriate increase in the amount of fines for price violations. A case of collusion on price increase by soybean product operators investigated and dealt with by the Jingzhou Municipal Price Bureau in Hubei Province

Acts of price collusion by catering enterprises stopped by the Jiaxing Municipal Price Bureau in Zhejiang Province

A collective increase in the pot base fee for hot pots halted by the Chongqing Municipal Price Bureau A case of collusion on price increase by a soybean product association investigated and dealt with by the Price Supervision and Inspection Bureau of Jilin City in Jilin Province

Price alliance of internet cafes stopped by the Hengshui Municipal Price Bureau in Hebei Province Xi'an City, Shaanxi Province, investigated and dealt with the supermarket fictitious original price fraud

Zhang Manying said the National Development and Reform Commission has issued a series of notices, requiring localities to carry out special inspections of food prices, focusing on investigating and dealing with three kinds of price violations, namely, price collusion, price jacking and price fraud.