Auto companies may be in trouble for unfair practices

Competition Commission of India, which is examining whether automobile majors have indulged in any unfair play by selling spares only at authorised sh
...
Auto companies may be in trouble for unfair practices
Auto companies may be in trouble for unfair practices

Competition Commission of India, which is examining whether automobile majors have indulged in any unfair play by selling spares only at authorised showrooms, giving little flexibility to customers, is likely to come up with its verdict in the next few weeks.

"Currently, investigations are underway, no way can we come to a conclusion at this point," said Ashok Chawla, chairman, CCI.

Chawla said the matter would be looked into in detail to ensure consumers are not affected in any way. "However, the matter is nowhere near completion."

Trending Cars

Find more Cars

If auto majors are found guilty, CCI would decide on the fine, which could be a maximum of 10% of the annual turnover.

Automobile majors refused to comment on the matter.

First Published Date: 08 Apr 2013, 14:40 PM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.