Press Information Bureau

Government of India

Ministry of Corporate Affairs

09-August-2012 18:22 IST

CCI Investigating Anti - Competitive Practices by Car Makers

The Competition Commission of India (CCI) has initiated investigation into anti-competitive practices indulged by a section of car makers.

The Competition Commission of India (CCI) has received certain information under section 19 (1) (a) of the Competition Act, 2002 against some car makers. CCI which is a quasi-judicial body, is getting the matter investigated for appropriate action in the matter as per provision of the Competition Act, 2002.

This information was given by Shri R.P.N.Singh, Minister of State in the Ministry of Corporate Affairs in reply to a written question in the Lok Sabha today.

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RC

Anti-competitive practices investigation compels car makers to face inquiry under competition law and potential enforcement action. Investigation initiated into alleged anti-competitive practices by a subset of car manufacturers after information received under Section 19(1)(a) of the Competition Act, 2002; the Competition Commission, as a quasi judicial regulator, has opened proceedings to determine whether the information justifies enforcement action under the Act.