The Competition Commission of India (“CCI”) has vide its order dated 25th August, 20141 has imposed a penalty of approximately USD 420 million on fourteen car manufacturers2 . The CCI has held that auto companies have indulged in anti-competitive practices by not making genuine spare parts freely available in the open market by way of their respective vertical arrangements.
Competition Commission imposes hefty penalty on car manufacturers
Updated: Jan 18, 2022
Download PDF • 433KB