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Competition Commission of India Finds Hyundai, Reva and Premier to be in Contravention of the Competition Law

Dated:- 28-7-2015 - Press Information Bureau Government of India Ministry of Corporate Affairs 28-July-2015 17:59 IST The Competition Commission of India ( the Commission ), in its order dated 27.7.15 has found 3 Car Companies, namely, Hyundai Motor .....

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the same case dated 25.08.2014 vide which the Commission had inter alia imposed penalties on fourteen out of the seventeen car companies under Section 27 of the Act. The order against Hyundai has remained pending pursuant to the writ petition filed b .....

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ordingly, the Commission decided to pass a separate order against these three car companies after affording them reasonable opportunity to make their submissions in respect of the findings of the Director General (DG) in its investigation. After taki .....

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Equipment Suppliers (OESs) and agreements with authorized dealers whereby they imposed absolute restrictive covenants and completely foreclosed the aftermarket for supply of spare parts and other diagnostic tools. Further the Commission found that th .....

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cess to independent repairers as the latter were debilitated to provide services in the aftermarket for repair and maintenance of cars for want of genuine spare parts. Further, these car companies were also found to be using their dominant position i .....

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order dated 25.08.2014 to infuse competition in the after sales market in the automobile sector. To reiterate, the order directed the car companies to cease and desist from indulging in conduct which has been found to be in contravention of the prov .....

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