Fiat India Automobiles

Attempt to ensure spare parts get cheaper: CCI chief on order against auto firms

The Competition Commission of India (CCI) on Monday penalised the auto makers for unfair business ways in the spare parts and after services market. <br />

Maruti to challenge CCI penalty, says order lacks understanding of issue

The Competition Commission of India (CCI) had slapped a total penalty of Rs 2,545 crore on 14 car makers in India on Monday. Out of the total, the fine imposed on MSI was Rs 471.14 crore.<br />

CCI slaps Rs 2,545 cr fine on 14 major car makers for anti-competitive practices

The car makers "imposed absolute restrictive covenants and completely foreclosed the after market for supply of spare parts and other diagnostic tools