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The Indian Competition Authority fines seller of dry cell batteries for participating in bilateral "ancillary" cartel from the standpoint of consumers (Panasonic / Geep Industries India)

Competition Commission of India (CCI) imposes penalty on Geep Industries for being a member of bilateral “ancillary” cartel* By way of order dated August 30, 2018, the CCI imposed a penalty of INR 9,64 06,682 (Nine crores sixty-four lakh six thousand six hundred and eight two) on Geep Industries (India) Private limited (‘Geep’) for being in a bilateral ancillary cartel with Panasonic (India). Panasonic was a member of a larger primary cartel. The investigation by the CCI was initiated on the basis of a lesser penalty application (‘Leniency Application’) filed by Panasonic

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  • Vaish Associates, Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Indian Competition Authority fines seller of dry cell batteries for participating in bilateral "ancillary" cartel from the standpoint of consumers (Panasonic / Geep Industries India), 30 August 2018, e-Competitions Bulletin August 2018, Art. N° 89531

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