Business Standard

CCI to probe carmakers

CCI in June had levied a record fine of more than $1.1 billion on 12 of the country's biggest cement companies for price fixing

Reuters  |  Mumbai 

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The Competition Commission of India (CCI) is investigating anti-competitive practices by carmakers, minister said in a written reply in parliament on Monday.

The three-year-old CCI, which has become increasingly assertive, in June levied a record fine of more than $1.1 billion on 12 of the country's biggest cement companies for price fixing.

CCI to probe carmakers

CCI in June had levied a record fine of more than $1.1 billion on 12 of the country's biggest cement companies for price fixing

The Competition Commission of India (CCI) is investigating anti-competitive practices by carmakers, corporate affairs minister Sachin Pilot said in a written reply in parliament on Monday.

The Competition Commission of India (CCI) is investigating anti-competitive practices by carmakers, minister said in a written reply in parliament on Monday.

The three-year-old CCI, which has become increasingly assertive, in June levied a record fine of more than $1.1 billion on 12 of the country's biggest cement companies for price fixing.

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