World Business Watch: CCI fines Maruti Suzuki $27 million over dealer discount policy | English News

World Business Watch: CCI fines Maruti Suzuki $27 million over dealer discount policy | English News

and coming to india our anti-trust regulator has fined maruti suzuki country’s biggest car maker and indian subsidiary of suzuki motor of japan 2 billion rupees or 27 million dollars it is for anti-competitive practices linked to how it forced dealers to discount cars the competition commission of india in 2019 started looking into allegations that maruti suzuki forces its dealers to limit discounts they offer effectively stifling competition among them and harming consumers who could have benefited from lower prices if dealers operated freely maruti sells one in every two cars in india and is majority owned by japanese suzuki motor maruti however told regulator during probe that there was no discount control policy that imposed on dealers who were free to offer any discounts they wished to their customers the cci order however contained extracts of several emails exchanged between dealers and maruti officials which made it evident that discount control policy was controlled by maruti and not its dealers the cci order said maruti not only indulged in such activities with dealers but also imposed penalties on those who did not abide by instructions we on now available in your country download the app and get all the news on the move
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World Business Watch: CCI fines Maruti Suzuki $27 million over dealer discount policy | English News

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