{"id":136621,"date":"2017-06-15T11:08:37","date_gmt":"2017-06-15T05:38:37","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=136621"},"modified":"2017-06-30T12:53:00","modified_gmt":"2017-06-30T07:23:00","slug":"cci-imposes-penalty-of-rs-87-crore-against-hyundai-motor-india-ltd-for-anti-competitive-conduct","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/06\/15\/cci-imposes-penalty-of-rs-87-crore-against-hyundai-motor-india-ltd-for-anti-competitive-conduct\/","title":{"rendered":"CCI imposes penalty of Rs. 87 crore\u00a0against Hyundai Motor India Ltd. for anti-competitive conduct"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Competition Commission of India:<\/strong> The Competition Commission of India (CCI) has found Hyundai Motor India Limited (HMIL) to be in contravention of the provisions of Section 3(4)(e) read with Section 3(1) of the Competition Act, 2002 for imposing arrangements upon its dealers which resulted into Resale Price Maintenance in sale of passenger cars manufactured by\u00a0 it. Such arrangements also included monitoring of the maximum permissible discount levels through a Discount Control Mechanism. Further, HMIL was found to have contravened the provisions of Section 3(4)(a) read with Section 3(1) of the Act for mandating its dealers to use recommended lubricants\/oils and penalising them for use of non-recommended lubricants and oils. The final order was passed based on the \u00a0information filed by the dealers of HMIL <em>viz<\/em>. Fx Enterprise Solutions India Pvt. Ltd. and St. Antony\u2019s Cars Pvt. Ltd.<\/p>\n<p style=\"text-align: justify;\">Apart from issuing a cease and desist order against HMIL, CCI has imposed a penalty of Rs. 87 crore upon HMIL for the anti-competitive conduct. The penalty has been levied @ 0.3% of the average relevant turnover of HMIL of preceding three years. CCI noted in its order that for the purposes of determining the relevant turnover for the impugned infringement, revenue from sale of motor vehicles alone have been taken into account. [Fx Enterprise Solutions India Pvt. Ltd. v. Hyundai Motor India Limited, <a href=\"http:\/\/www.scconline.com\/LoginForDocumentLink\/t4ryr3o0\">2017\u00a0SCC OnLine CCI 26<\/a>, order dated 14.06.2017]<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Competition Commission of India: The Competition Commission of India (CCI) has found Hyundai Motor India Limited (HMIL) to be in contravention of <\/p>\n","protected":false},"author":91,"featured_media":76441,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[18481],"class_list":["post-136621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-anti-competitive-conduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - 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