Most of the punished dairy companies said that Mead Johnson was not prepared to argue
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Last Update: 2013-08-09
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Source: Internet
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Author: User
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Yesterday, most of the six dairy companies that were issued anti-monopoly tickets by the national development and Reform Commission acknowledged the punishment Mead Johnson said he was not ready to argue He Shengyuan said he would not apply for administrative reconsideration and bring administrative litigation Domex and Fonterra said they respected the decision of punishment Abbott also said they would accept the punishment and pay a fine Yesterday, most of the six dairy companies that were issued anti-monopoly tickets by the national development and Reform Commission acknowledged the punishment Mead Johnson said he was not ready to argue He Shengyuan said he would not apply for administrative reconsideration and bring administrative litigation Domex and Fonterra said they respected the decision of punishment Abbott also said they would accept the punishment and pay a fine Affected by the anti-monopoly punishment, the share price of domestic dairy companies soared yesterday Sanyuan shares rose 8.2% and Huangshi dairy rose 7.5% The penalised dairy companies said they were not prepared to refute Mead Johnson's decision yesterday to conduct an antitrust investigation against them by the national development and Reform Commission According to the results of the investigation, Mead Johnson was fined 203.76 million yuan Mead Johnson said it would not be prepared to argue At the end of July, Mead Johnson's chief financial officer had predicted that the antitrust investigation would lead to a reduction of the company's sales of about $55 million to $65 million He Shengyuan announced yesterday that he had received the decision on administrative penalty issued by the national development and Reform Commission on August 6 He Shengyuan said that he would give up the application for administrative reconsideration and bring an administrative lawsuit, and would timely fulfill the punishment decision of the administrative punishment decision by paying the above-mentioned fine Domex said in a statement yesterday that it would respect the anti-monopoly punishment decision made by the national development and Reform Commission and actively carry out the rectification work in accordance with the requirements of the national development and Reform Commission Fonterra group also responded yesterday that it accepted the investigation results recently made by the national development and Reform Commission and will timely implement the decision of the national development and Reform Commission Abbott, which was fined 773.4 million yuan, also said it actively cooperated with the Chinese government's investigation "We have accepted and will pay fines and have worked with the national development and Reform Commission to resolve the issues." Abbott said yesterday So far, Mead Johnson, Domex, Wyeth, Abbott, Bain Myers, heshengyuan, fushilan, Fonterra, Meiji, etc have all announced to reduce the price of milk powder, with the price reduction range ranging from 3% to 20% According to the price supervision, inspection and Anti-monopoly Bureau of the national development and Reform Commission, the above-mentioned enterprises have violated the anti-monopoly law by imposing fines, deducting rebates or stopping supply on dealers who do not comply with their prescribed prices In this investigation, Wyeth, bainmei and Meiji were exempted from punishment Beiinmei yesterday announced that it had received the decision on exemption from administrative punishment from the national development and Reform Commission on the 6th According to the decision, in view of the company's initiative to report to the national development and Reform Commission about the monopoly agreement reached and provide important evidence, the national development and Reform Commission decided to exempt the company from administrative punishment, and the company should immediately stop implementing the monopoly agreement reached Bainmei said the company will implement the decision in a timely manner In response to the Beijing News yesterday, Wyeth said that through the survey, Wyeth nutritionals reviewed the existing pricing behavior and decided to improve the company's relevant marketing policies "We respect the relevant decisions of the national development and Reform Commission and will continue to implement the price reduction commitments we announced in early July." As a result, the stock price of heshengyuan rose sharply against the market Affected by the anti-monopoly penalties issued by the national development and Reform Commission to a number of foreign milk powder enterprises, the stock price of domestic milk enterprises rose sharply yesterday In the A-share market, the three yuan shares rose 8.2% to close at 7.15 yuan, hitting the trading limit at one time in the session; Huang's dairy rose 7.5%, while bainmei, who was investigated but exempted from punishment, rose 1.8% In addition, Yili shares rose 0.74% In the Hong Kong stock market, Yashili closed flat The share price of heshengyuan, which was imposed by the national development and Reform Commission with an anti-monopoly penalty of 163 million yuan, rose 6.5%, many investors thought it was a negative result and the share price turned up However, the anti-monopoly punishment does not directly benefit other domestic milk powder enterprises The price reduction of foreign milk powder may aggravate its attraction to users Most food industry analysts believe that quality and safety issues have a greater impact on current dairy stocks MS Ma, who has been a loyal fan of Mead Johnson's milk powder, said yesterday that it was a good thing to see the price of milk powder reduced after the anti-monopoly investigation, but she did not know whether the price reduction could be sustained What's more, it's worrying that the manufacturer will pay such a large amount of fines at once, and then whether the wool will go out on the sheep and pass the cost on to the consumers "The price of milk powder is already very high, and enterprises have reduced their prices under the pressure of anti-monopoly investigation But the enterprise will pay such a large fine soon, which will definitely affect the profit of the enterprise The manufacturer's life is not easy Will it increase the profit at the expense of product quality next? "Ms Ma said," the price of milk powder is too high for us to accept, but what's more, the quality of baby's rations is declining The milk powder enterprise has been in trouble one after another My mother is fast It's broken " Mr Chen, another consumer, said yesterday that the investigation and fine imposed by the national development and Reform Commission on dairy enterprises were due to their damage to the interests of domestic consumers He hoped that the punished enterprises could reduce their prices without reducing the quality of their products, so as to truly benefit consumers Experts have analyzed whether such a large fine as "real price reduction should increase market supply" will help milk powder continue to reduce price in the future Li Zhiqi, chairman of Beijing Zhiqi future marketing consulting group and marketing expert, said in an interview with the new Beijing Daily yesterday that it is difficult to reduce price "Although the fine has played a warning role in the industry, in view of the fact that the milk powder consumed in major cities in China is mainly imported milk powder, and the market share is mainly concentrated in several major brands, the market as a whole is still in short supply If we really want to reduce the price, we can't solve it through such an anti-monopoly fine But it should increase the market supply, more enterprises will milk powder business stronger and bigger, domestic milk powder enterprises also need to rise " Li Zhiqi said Li Zhiqi said that there are some opportunities for domestic milk powder brands to be severely punished With the recent milk powder crisis in New Zealand, consumers may re-examine whether imported milk powder is really worth selling at such a high price, and some consumers may gradually return to rationality But for domestic brands, first of all, we need to improve our own strength in order to truly win the trust of the people, which needs a long cycle "And if foreign milk powder can really reduce the price, it will also attract some consumers to buy its products." Li Zhiqi said (Li Jing) the industry influence "the ticket will not change the market pattern" Song Liang, a dairy analyst at the center for promoting commercial circulation productivity, said yesterday that in the face of the anti-monopoly investigation of dairy enterprises by the national development and Reform Commission, the market initially expected a fine ranging from several million to tens of millions Judging from the amount of the fine announced, the actual punishment strength exceeded expectations This will affect the profit of the enterprise this year In the face of such a huge fine, dairy expert Wang dingmian pointed out yesterday that although most of the fine amount of the punished enterprises is more than 100 million, for the foreign milk powder enterprises whose annual revenue is billions, the fine imposed by the development and Reform Commission is only a "point to stop" degree, and the domestic market will still be dominated by the foreign milk powder after that "The pattern of domestic milk powder market will not be changed due to this huge ticket, and it is difficult for consumers to break the one-sided pattern of foreign milk powder." Wang dingmian pointed out that the great integration of China's dairy industry will not end with the anti-monopoly investigation, and more new rules and regulations for milk powder will be issued in succession (Li Jing) background: in recent years, many departments have frequently standardized the dairy industry, and the quality problems of China's dairy industry have occurred frequently, which has seriously hit consumer confidence Domestic mothers pay high prices to buy foreign brands of milk powder, so that China's Hong Kong and New Zealand and other countries have issued purchase restriction orders Since this year, many departments have taken measures to protect dairy industry On May 31, the State Council held an executive meeting, proposing to "supervise the quality of infant milk powder in accordance with strict drug management measures" Since then, the Ministry of industry and information technology has made another big hit On June 4, the Ministry of industry and information technology proposed to carry out a three-month special inspection on infant formula milk enterprises, and will eliminate enterprises that fail to meet the quality and safety standards by strengthening the industry access management, so as to boost consumer confidence The merger and reorganization of domestic milk powder enterprises immediately opened On June 18, the Ministry of industry and information technology announced that Mengniu invested about 9.8 billion yuan to acquire Yashili Gao Fu, deputy inspector of the consumption industry department of the Ministry of industry and information technology, also said that the Ministry of industry and information technology will vigorously promote the merger and reorganization of infant formula milk enterprises, and increase the industry concentration to more than 70% On June 20, the Ministry of industry and information technology and other nine departments issued the opinions on Further Strengthening the quality and safety work of infant formula milk powder, saying that they will spare no effort to fight a battle to improve the quality and safety level of infant formula milk powder and rebuild consumers' confidence in domestic milk powder.
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