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      Maruti Suzuki receives extended stay on penalty imposed by Competition Commission of India's (CCI)

      Nikhil Puthran

      Nikhil Puthran

      India based carmaker Maruti Suzuki has recently been affected by Rs 471 crore penalty imposed by Competition Commission of India's (CCI) stating that the company had been abusing its dominant position in the spare parts market in India. As per fresh updates on the issue, Delhi High Court justice Rajiv Shakdher said that the court has restrained CCI from taking "coercive measures" against the car-maker as it has sought protection stating that that other automobile manufacturers in the country have already got relief from the division bench of High Court and they too needs to be treated at par with them.

      Maruti Suzuki receives extended stay on penalty imposed by Competition Commission of India's (CCI)
      Maruti Suzuki receives extended stay on penalty imposed by Competition Commission of India's (CCI)
       

      Speaking more on the occasion, the court said, “...in view of the above submissions no coercive measures be taken by the CCI till further order of this court.” Sometime in September last year, Maruti Suzuki received relief from the court on similar grounds that had earned relief for other carmakers like Hyundai and Nissan in August. Last year in August the CCI had slapped a total hefty penalty amount of about Rs. 2,545 crore on 14 car-makers in India. The CCI had found out most of the companies in the country had been guilty of flouting trade norms in after-services and spare-parts market and the same was stated to be deposited in about 60 days. Apart from this Maruti Suzuki's representative, senior advocate Amit Sibal had also challenged CCI's legal proceedings on alleged anti-competitive practice of selling spare parts at higher prices.

      Maruti Suzuki