CCI probes anti-competitive practices by car makers

CCI probes anti-competitive practices by car makers

FP Staff December 20, 2014, 11:06:38 IST

Reports said CCI was looking into a practice whereby automakers do not allow dealers to sell other brands.

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CCI probes anti-competitive practices by car makers

Industry watchdog Competition Commission of Indiahas initiated an investigation into anti-competitive practices by car makers, a government statement said.

“The Competition Commission of India (CCI) has received certain information under section 19 (1) (a) of the Competition Act, 2002 against some car makers. CCI which is a quasi-judicial body, is getting the matter investigated for appropriate action in the matter as per provision of the Competition Act, 2002,” the government said in a statement today.

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A report in the Economic Times newspaper on Wednesday citing unnamed sources said the CCI was looking into a practice whereby automakers do not allow dealers to sell other brands.

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