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    <title>CCI decides another Lesser Penalty case in respect of cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market</title>
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    <description>CCI concluded Panasonic and Geep engaged in price coordination in the institutional zinc carbon dry cell battery market from 1 October 2010 to 30 April 2016, based on a written supply agreement and e mail communications. Panasonic used foreknowledge from a primary cartel to raise prices to Geep and to maintain market price parity. CCI computed penalties using a profit linked multiple for one firm and a turnover percentage for the other, assessed officer liability as a percentage of prior income, and granted Panasonic and its officials 100 percent reduction under the Lesser Penalty/leniency provisions.</description>
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      <description>CCI concluded Panasonic and Geep engaged in price coordination in the institutional zinc carbon dry cell battery market from 1 October 2010 to 30 April 2016, based on a written supply agreement and e mail communications. Panasonic used foreknowledge from a primary cartel to raise prices to Geep and to maintain market price parity. CCI computed penalties using a profit linked multiple for one firm and a turnover percentage for the other, assessed officer liability as a percentage of prior income, and granted Panasonic and its officials 100 percent reduction under the Lesser Penalty/leniency provisions.</description>
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