CCI Imposes ₹1,788 Cr Penalty On Apollo, MRF And Other Tyre Manufacturers
The CCI has imposed a ₹1,788 crore penalty on Apollo, MRF and other tyre manufacturers. An appeal against the CCI ruling was lodged with the Madras High Court, but it was denied on January 6th of this year.
Bearings Cartel – Tata Steel Caught Rigging Prices
An Indian antitrust investigation into the Bearings Cartel has found that units of Tata Steel, Sweden’s SKF and Germany’s Schaeffler colluded on the pricing of bearings to pass higher raw material costs onto customers in the auto sector; opening them up to potential fines. India’s Competition watchdog The Competition Commission of India (CCI) in its […]