Competition Commission of India to probe carmakers

MUMBAI Mon Dec 17, 2012 7:31pm IST

A man walks among parked vehicles at a card yard in Jammu December 10, 2012. REUTERS/Mukesh Gupta

A man walks among parked vehicles at a card yard in Jammu December 10, 2012.

Credit: Reuters/Mukesh Gupta

Related Topics

MUMBAI (Reuters) - The Competition Commission of India (CCI) is investigating anti-competitive practices by carmakers, corporate affairs minister Sachin Pilot said in a written reply in parliament on Monday.

The three-year-old CCI, which has become increasingly assertive, in June levied a record fine of more than $1.1 billion on 12 of the country's biggest cement companies for price fixing.

(Reporting by Aditi Shah; Editing by Dan Lalor)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Earnings Season

Earnings Season

Reliance Q4 sales rise, refining margin narrows.  Read 

Innovative Solution

Innovative Solution

Turning smog into jewels - a Dutch designer's solution to Beijing's pollution.  Video 

Insider Trading

Insider Trading

Rajaratnam's brother loses bid to dismiss insider trading charges.  Full Article 

Literary Giant Dies

Literary Giant Dies

Mourning and memories in Gabriel Garcia Marquez's languid hometown.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage