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Hyundai fined Rs.87 crores by CCI

Hyundai is fined Rs.87 crores for providing discounts on its cars which CCI has found it violating the fair business practices. It was also instructed to cease and desist from such anti-competitive prices. In a strongly worded 44 page order, the CCI noted “Such conduct pertains to and emanates out of sale of motor vehicles. Hence, for the purposes of determining ... Read More »

CCI orders probe on Roche’s alleged monopoly

The Competition Commission of India (CCI) said that the Roche group tried to block market access for Biocon Ltd and Mylan Pharmaceuticals’s generic biotech drugs of its Trastuzumab drug used in the treatment for early breast cancer and metastatic gastric cancer. CCI said in its interim order that it had enough reason to order an investigation by its director-general into ... Read More »

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