Chinese antitrust investigators have raided the Shanghai offices of Mercedes-Benz as a government investigation into price fixing by global automakers in the country intensifies.
Nine investigators from China’s National Development and Reform Commission arrived unannounced at the offices at about 10am on Monday and spent much of the day interviewing Mercedes executives, according to Chinese media reports, confiscating computers when they left.
A spokesman for Daimler, which owns the Mercedes brand, confirmed the raid and the investigation and said the company was co-operating with the NDRC.
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