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CCI probes allegations of anti competitive conduct by Maruti Suzuki - Report

Auto News - Published on Fri, 24 May 2019

Image Source: Auto NDTV
Economic Times reported that India's antitrust regulator is looking into allegations that Maruti Suzuki, the country's biggest car maker, resorted to anti-competitive practices by controlling how its dealers discounted cars, three people aware of the matter said. Maruti, majority owned by Japan's Suzuki Motor Corp is a household name in India where it commands a 51% market share. It sold 1.73 million passenger vehicles in the year to March and has nearly 3,000 dealers in the country.

The Competition Commission of India is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming consumers who could have benefited from lower prices if dealers operated freely, the people told Reuters.

It was not clear over which period Maruti allegedly engaged in this conduct, but one of the people with direct knowledge of the case said the CCI has been reviewing the allegations for about 10 months. A final decision on whether there needs to be a full investigation has not been reached, the person added.

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Posted By : Ratan Singh on Fri, 24 May 2019
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