Core Insights - The report highlights the enforcement actions taken by the national market regulatory system in 2024, focusing on price supervision and combating unfair competition [1] Summary by Categories Price Supervision - A total of 38,600 cases were filed, resulting in fines and confiscations amounting to 3.07 billion yuan, with 2.025 billion yuan refunded to consumers [1] Unfair Competition - The regulatory body took strong measures against unfair competition, investigating 14,200 cases and imposing fines totaling 805 million yuan [1] Business Compliance - The report indicates that 3,042 cases related to illegal charges against enterprises were filed, leading to fines of 430 million yuan and refunds of 1.36 billion yuan [1] Consumer Protection - In the area of consumer protection, 18,400 cases were filed in the livelihood sector, with fines of 1.207 billion yuan and refunds of 662 million yuan to consumers [1] Overall Impact - The enforcement actions are aimed at maintaining fair market competition and supporting high-quality economic and social development [1]

Core Insights - The State Administration for Market Regulation released the annual report on price supervision and anti-unfair competition enforcement for 2024, highlighting significant regulatory actions taken throughout the year [1] Regulatory Actions - A total of 38,600 cases were filed by the national market regulation system, resulting in fines and confiscations amounting to 3.07 billion yuan [1] - The enforcement actions led to consumer refunds totaling 2.025 billion yuan [1] Sector-Specific Enforcement - The report emphasized strict regulation in the funeral services sector, addressing illegal practices [1] - In the livelihood sector, 18,400 price enforcement cases were filed, with fines and confiscations reaching 1.207 billion yuan and consumer refunds of 662 million yuan [1] - A total of 14,200 cases of unfair competition were investigated, resulting in fines and confiscations of 805 million yuan [1]

Core Insights - The report highlights the enforcement actions taken by the national market regulatory system in 2024, focusing on price supervision and combating unfair competition [1] Summary by Categories Price Supervision - A total of 38,600 cases were filed, resulting in fines and confiscations amounting to 3.07 billion yuan, with 2.025 billion yuan refunded to consumers [1] Business Compliance - The regulatory body addressed illegal charges related to enterprises, filing 3,042 cases, imposing fines of 430 million yuan, and ensuring refunds of 1.36 billion yuan [1] Consumer Protection - In the area of public welfare, 18,400 cases were filed in price enforcement, leading to fines of 1.207 billion yuan and refunds of 662 million yuan to consumers [1] Unfair Competition - The report indicates a strong crackdown on unfair competition, with 14,200 cases investigated, resulting in fines totaling 805 million yuan [1]