The Supreme Court of India has asked the Competition Commission of India (CCI) for a response regarding an appeal filed by MRF Ltd, one of the companies fined in a case related to alleged cartelisation and price manipulation in the tyre industry. The case, which began over a decade ago, saw the CCI impose penalties on several tyre companies in 2018. However, the National Company Law Appellate Tribunal overturned the order in December 2022 and directed the CCI to pass a fresh order, citing errors in calculation and the need to save the domestic tyre industry.
from Auto-Industry-Economic Times https://ift.tt/Mke1tF8
Subscribe to:
Post Comments (Atom)
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment