Legal News

The Business Environment Has Changed
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Masanobu Nakamura, a spokesman for Meiji Holdings Inc., a Japanese dairy-products company says, “The reality is harsh: It’s hard to make a profit in the market.” After a 2010 outbreak of foot and mouth disease the country kept their import ban in place. “The business environment changed,” stated Masanobu Nakamura. According to economic research groups they have done things in China that we normally wouldn’t do in the U.S. or in Europe.

After being singled out by state-owned media for criticism earlier this year, Apple Chief Executive Officer Tim Cook apologized for the company’s iPhone warranty and repair policies in China. Apple was one of the companies China media CCTV criticized for their customer service. The Starbucks Corporation was also accused, in October, of charging more for coffee in China than anywhere else. Additionally, Samsung Electronics Co.’s smartphones were unmasked to not work properly. Later on, in December, the Chinese TV station focused its attention to auto companies, then accusing Subaru, Jaguar and Audi of overcharging as well.


In a statement Jaguar Land Rover said that it abides by China’s laws and determines pricing based on market conditions. Martin Kuehl, head of corporate communications in Beijing for Audi stated that the company applies the same standards for pricing of spare parts worldwide.

Although there were no companies listed in the statement, Bloomberg News has reported that The NDRC said on its website on December 15, it will begin to oversee pricing in certain industries and to punish the companies that break antitrust rules to keep price levels stable. Penny Pritzker, the Commerce Secretary told Bloomberg News that the U.S. is pushing China to provide fairer treatment for foreign companies that operate in the country. China’s Ministry of Commerce, State Council Information Office and the NDRC didn’t answer faxes or repeated calls seeking comment on the measures against overseas enterprises.

Image Credit:

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


Interesting Legal Sites You May Like




Search Now

Litigator with 5-10 years of general insurance defense experience

USA-FL-West Palm Beach

Boutique litigation firm is looking for an experienced litigator with 5-10 years of general insuranc...

Apply Now

Transactional Real Estate Attorney with 4-10 years of experience

USA-CA-San Diego

San Diego office is seeking a transactional real estate attorney with 4-10 years of experience.

Apply Now

Real Estate/Business Transaction Attorney with 8+ years of experience


Seattle office is seeking a real estate & business transaction attorney with 8+ years of experience....

Apply Now


Labor and Employment Attorney


Labor & Employment law firm in Sacramento is seeking an attorney with at least 5 years of labor & em...

Apply now

Litigation Associate Attorney


Expanding Bronx / NYC matrimonial and family law firm seeks matrimonial / criminal attorney, bilingu...

Apply now

Legal Secretary

USA-CA-Santa Ana

SUMMARY: Trovillion, Inveiss & Demakis, a workers’ compensation law firm, seeks a highly or...

Apply now

Billing Specialist

USA-CA-San Diego

SUMMARY: Trovillion, Inveiss & Demakis, a workers’ compensation law firm, seeks a highly ef...

Apply now

Most Popular


To Top