CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of 87 crore for the anti-competitive conduct https://www.taxtmi.com/news?id=18185 The Commission found Hyundai Motor India Limited responsible for imposing resale price maintenance through contractual discount controls and for mandating use of recommended lubricants, thereby restricting dealer pricing and product choice; the Commission issued a cease and desist order and imposed a monetary penalty calculated on relevant turnover derived from motor vehicle sales. en-us Thu, 15 Jun 2017 09:25:18 +0530 Thu, 15 Jun 2017 09:25:18 +0530 TaxTMI RSS Generator CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of 87 crore for the anti-competitive conduct https://www.taxtmi.com/news?id=18185 The Commission found Hyundai Motor India Limited responsible for imposing resale price maintenance through contractual discount controls and for mandating use of recommended lubricants, thereby restricting dealer pricing and product choice; the Commission issued a cease and desist order and imposed a monetary penalty calculated on relevant turnover derived from motor vehicle sales. News - Thu, 15 Jun 2017 09:25:18 +0530 https://www.taxtmi.com/news?id=18185