Shanghai Of Counsel Discusses Price Wars in E-Commerce Market

China Daily

This article, about the ongoing price wars between Chinese e-commerce companies, quotes China Corporate Commercial of counsel Veronica Lockyer.

According to Lockyer, price wars are generally a good thing for customers but an abuse of dominance by one or more parties or collusion regarding prices does not indicate healthy competition.

"There have been many allegations that the companies involved in the price war first raised prices before lowering them or that they have not lowered prices or at least not to the extent they have claimed," she said.