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CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penalty
The Competition Commission of India fined HP India and sixteen resellers Rs 14.28 crore. This penalty was imposed for cartelisation in the sale of print hardware consumables. HP India received a penalty of Rs 11.98 crore, while resellers collectively paid Rs 2.30 crore. The regulator also directed them to stop engaging in anti-competitive conduct. Officials of HP India and its resellers were found liable and penalized.
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theprint.in
Competition Comm slaps Rs 14 cr penalties on HP India, 16 resellers
New Delhi, Jul 13 (PTI) The Competition Commission has slapped penalties totalling Rs 14.28 crore on technology company HP India and its 16 resellers for unfair business practices…
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economictimes.indiatimes.com
CCI slaps over Rs 140-cr penalties on HP India, resellers for breach of antitrust rules
The Competition Commission of India imposed significant penalties on HP India and its resellers. These fines total Rs 142.37 crore for alleged cartelisation and bid-rigging…
