City
Epaper

Maruti Suzuki stops dealers from giving extra discounts: CCI probe

By IANS | Updated: January 12, 2021 21:30 IST

New Delhi, Jan 12 A probe by the Competition Commission of India's (CCI) investigation arm has found that ...

Open in App

New Delhi, Jan 12 A probe by the Competition Commission of India's (CCI) investigation arm has found that Maruti Suzuki restricted its dealers from passing on extra discounts to the customers, sources said.

The investigation wing of the anti-trust body submitted its report on the probe on Tuesday.

According to sources, the report mentions that the automobile major created lack of competition between dealers.

Further, the probe also revealed that if a dealer was found passing on extra discounts, the company penalised them.

The report is up for final consideration of the anti-trust body, and post its assessment it will accept or reject it, said people in the know of developments.

The probe was ordered in 2019 after a dealer complained that dealers were not permitted by the automaker to give extra discounts to consumers.

Maruti Suzuki, however, did not respond on the matter.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CCICompetition Commission Of India
Open in App

Related Stories

MumbaiMumbai: FIR Against Unknown Protesters for Creating Chaos at CCI Club During Maratha Quota Stir

TechnologyWhatsApp Privacy Policy Case: Meta Disagrees with CCI's Rs 213-Cr Penalty; Plans to Appeal

TechnologyWhatsApp Privacy Policy Case: CCI Imposes Rs 213 Crore Penalty on Meta

NationalZomato and Swiggy Food Delivery Businesses Breached Antitrust Laws, Show Documents

NationalCCI approves acquisition of Marnix Lux by Concentrix Corporation

Business Realted Stories

BusinessTimes Education Icons'25: Celebrating the Frontrunners

BusinessAnil Ambani’s Reliance Power and Reliance Infra Rally Over 5% as ADAG Stocks Bounce Back

BusinessGlobal electricity demand for data centres projected to double by 2030

BusinessHP to cut up to 6,000 jobs by 2028

BusinessNew Safran MRO facility will strengthen India’s position as global aviation hub: PM Modi