BEIJING--China appointed a new head to its antitrust regulatory
arm amid increased use of the nation's antimonopoly law.
Zhang Handong was listed as the head of the price-supervision
and antimonopoly bureau under the National Development and Reform
Commission, succeeding Xu Kunlin, who led investigations in
Qualcomm Inc.'s (QCOM) monopoly case.
The appointment was published on the website of the NDRC, the
state planning agency, on Tuesday. It didn't say when the
appointment took effect.
Mr. Xu was named in October as the head of the NDRC's pricing
department, which is in charge of domestic price-setting, as well
as the head of the antimonopoly bureau. He was still listed as the
head of the antimonopoly bureau in a statement on the NDRC's
website on Saturday.
Under Mr. Xu's direction, China's antitrust regulator launched
an antitrust investigation into U.S. chip maker Qualcomm, which was
fined $975 million in February for violations of China's
antimonopoly law.
Write to Grace Zhu at grace.zhu@dowjones.com
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