CCI slaps fine of Rs 200 crore on Maruti Suzuki over dealer discount policy

During the probe, Maruti - which has more than 50 per cent share of India's car market - told the regulator that it imposed no such policy and that the dealers were free to offer any discounts

The Competition Commission of India (CCI) on Monday imposed a fine of Rs 200 crore on the country’s biggest carmaker Maruti Suzuki India Ltd (MSIL) for anti-competitive practices related to how it forced dealers to discount cars.
 
“The CCI passed a final order against MSIL for indulging in anti-competitive conduct of resale price maintenance (RPM) in the passenger vehicle segment by way of implementing discount control policy vis-à-vis dealers, and accordingly, imposed a penalty of Rs 200 crore upon MSIL, besides passing a cease-and-desist order,” according to the CCI order.
 
During the probe, Maruti — which has more