"We haven't received anyinformation from Competition Commissioner of India (CCI)officially (for) what is all about," ABB India CEO and Managing Director Sanjeev Sharma told PTI on thesidelines of the opening of the ABB India's solar invertermanufacturing factory here.
Sharma further said since the matter is with the CCI, the company would not like to comment about it.
The regulator had ordered the probe after Bengaluru-based InPhasePower Technologies Pvt Ltd had filed a complaint, alleging that ABB India took undue advantage of dependence ofconsumers by forcing them to purchase its power qualityproducts and not deal with the informant.
Both ABB India and InPhase Power Technologies have their own static synchronous compensators in the market.
Sharma said CCI has not substantiated anything on the allegations levelled by the complainants on its website, but it is just a statement which it would like to enquire into.
"It (complaint) appeared on the CCI website because that is the practise of the CCI. In any case, when they want to discuss or investigate, they open it. So there is nothing substantiated here. It is just a statement which they would like to look into a particular case," Sharma said.
The complainant also alleged that ABB India abused its dominant position by instituting civil and criminal litigation with malafide intention to stop the informant from doing business.
Replying to a query on talks with MukeshAmbani's Reliance Industries for partnerships across their businesses, he said: "We continuously collaborate with companies such as Reliance Industries, Adani and others who are conscious of being productive."
"We have partnerships and co-projects to try out new technologies, it could be to increase the efficiency ofRIL storage system or increase the energyefficiency in an established unit," Sharma added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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