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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 India Ltd. (Hyundai), Mahindra Reva Electric Car Company (P) Ltd. (Reva) and Premier Ltd. (Premier) to be in contravention of the provisions of the Competition Act, 2002 ( the Act ). The instant order is in continuation of Commission s main order in .....

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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 taking into account the findings of the DG and the detailed submissions by these three car companies, the Commission found their conduct to be in violation of the provisions of section 3(4) of the Act with respect to their agreements with local Original .....

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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 in the market for spare parts and diagnostic tools to protect their market for repair services, thereby distorting fair competition. The Commission has prescribed the same corrective measures to Hyundai, Reva and Premier as were prescribed in the main .....

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