Friday, March 31

Tag: Anti competitive conduct

Competition Commission of India Keeps Tabs on Maruti for Anti-Competitive Conduct
Corporate

Competition Commission of India Keeps Tabs on Maruti for Anti-Competitive Conduct

Highlights Competition Commission of India (CCI) is probing allegations on Maruti Suzuki for anti-competitive conduct by controlling how its dealers discounted carsThe CCI is probing into the matter that Maruti pursues its dealers in order to restrict the discount they offer. Hence, enabling competition among them and affecting consumersThis Maruti’s case is quite similar to Hyundai’s case. In 2017, the South Korean firm Hyundai Motor Co’s was fined INR 87.13 crore by CCI Competition Commission of India (CCI) also known to be antitrust regulator is probing allegations on Maruti Suzuki, India's biggest car manufacturer for anti-competitive conduct by controlling how its dealers discounted cars. Maruti Suzuki, where the majority of stake is held by Japan’s Suzuki Motor Corp, is a ...