CCI imposes penalty for anti-competitive conduct on Hyundai Motor

Fx Enterprise Solutions India Pvt. Ltd. Vs. Hyundai Motor India Limited (36/2014) St. Antony’s Cars Pvt. Ltd. Vs. Hyundai Motor India Limited (82/2014) – Antitrust, Section 19 (1) (a)  CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of Rs. 87 crore for the anti-competitive conduct.  The Competition Commission of India (CCI) has found Hyundai Motor India Limited (HMIL) to be in contravention of the provisions of Section 3(4)(e) read with Section 3(1) of the Competition Act, 2002 for imposing arrangements upon its dealers which ...