14 Car Makers Including Tata, Mahindra, Maruti Fined by CCI Over Spare Parts

A major blow to the automobile companies in India has come in the form of a heavy penalty by the Competition Commission of India (CCI). It has imposed a combined penalty of over INR 2,500 crore on 14 carmakers for indulging in unfair practices in the spare parts market. The fine has been calculated at two per cent of average turnover.

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