Asian Paints moves Supreme Court against CCI probe into Grasim case

The company challenges the CCI's probe order after the Bombay High Court dismissed its plea on alleged abuse of dominance in the decorative paints segment

Asian Paints has filed a petition in the Supreme Court against an investigation order by the Competition Commission of India (CCI) after its appeal was dismissed by the Bombay High Court last month, according to people in the know.

 

The CCI had ordered an investigation into the company for alleged abuse of dominant position based on a complaint by Aditya Birla Group's Grasim Industries on July 1.

 

The Bombay High Court, in its order, had said it found no merit in the petition.

 

Rejecting Asian Paint’s petition, the division Bench of the high court had said that, “There is no