SHANGHAI, July 22 China's price regulator has
expressed monopoly concerns over Mercedes activities in the
country but the firm is not under investigation, one of the
company's top China executives said on Tuesday.
Nicholas Speeks, China sales head at Daimler AG's
Mercedes-Benz, told reporters the firm was also currently
cutting service charges and prices of its spare parts by 20
Bloomberg reported last week citing sources the National
Development and Reform Commission was probing practices at
Daimler AG's Mercedes-Benz as well as other foreign
automakers to see whether prices of spare parts are being
A senior NDRC official said in February that the monopolies
regulator has been collecting evidence of possible
anti-competitive behaviour in the country's auto parts market.
(Reporting by Samuel Shen and Kazunori Takada; Writing by