New Delhi, July 13 (IANS) The Competition Commission of India (CCI) on Monday imposed a total penalty of Rs 142.37 crore on HP India Sales Private Limited and 21 of its resellers in two separate orders after finding them guilty of cartelisation and bid rigging in government procurement through the Government e-Marketplace (GeM).In one order, the fair trade regulator imposed a penalty of Rs 126.87 crore on HP India and a combined penalty of around Rs 1.22 crore on five of its resellers for indulg…
Latest Cartelization News & Updates
New Delhi, July 13 (IANS) The Competition Commission of India (CCI) on Monday imposed penalties totalling more than Rs 14 crore on HP India and 16 of its resellers for engaging in anti-competitive practices related to the sale and supply of printer consumables, including toner cartridges and other supplies used with printing hardware.In an order issued under Section 27 of the Competition Act, 2002, the competition watchdog imposed a penalty of Rs 11.98 crore on HP India and a combined penalty of…