China regulator to investigate auto chip firms over price-gouging suspicions

China regulator to investigate auto chip firms over price-gouging suspicions

Traffic move down the third ring road in Beijing, China, on Monday 15 May, 2017. Photographer: Qilai Shen/Bloomberg

China’s regulatory agency is launching an investigation into chip distributors in the auto industry, citing suspicions of price gouging, it said on Tuesday.

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