The Indian Competition Authority finds four automotive and industrial bearing companies to have engaged in price-fixing and directs them to cease and desist from their collusive behaviour (Schaeffler / SKF / NEI / Tata)

The Competition Commission of India (CCI) recently found National Engineering Industries Ltd. (NEI), Schaeffler India Ltd. (Schaeffler), SKF India Ltd. (SKF) and Tata Steel Ltd., Bearing Division (Tata) (collectively, OPs) to have collusively fixed the prices of automotive and industrial bearings in India, by determining prices of bearings sold to original equipment manufacturers (OEMs). [1] Pursuant to a leniency application filed by Schaeffler, [2] the CCI initiated the case on a suo moto basis, pertaining to cartelisation in the domestic automotive and industrial bearings market in India. During the investigation by the Director General (DG), [3] NEI also filed a leniency application disclosing its participation in the cartel. The conduct of the OPs tantamounted to an infringement

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Akrathi Shetty, Sakshi Agarwal, Soumya Hariharan, The Indian Competition Authority finds four automotive and industrial bearing companies to have engaged in price-fixing and directs them to cease and desist from their collusive behaviour (Schaeffler / SKF / NEI / Tata), 5 June 2020, e-Competitions July 2020, Art. N° 95353

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