• HOME
  • ABOUT US
  • SUBSCRIBE
  • ADVERTISE
  • E-NEWSLETTER
  • CONTACT US
91-22-24193000
Subscriber@ASAPPinfoGLOBAL.com
Automotive Products Finder
Advertise Here [728 W x 90 H pixels]
  • BEST STORIES
  • INTERVIEWS
  • NEWS UPDATES
  • PRODUCTS
  • EVENTS
  • APF ADS
Automotive Product Finder Magazine | Supreme Court gives interim relief to Nissan, Toyota, Ford

Supreme Court gives interim relief to Nissan, Toyota, Ford

Tata Motors Kite 5 concept christened as Tata TIGOR
Bird Automotive launches new BMW facility in Gurgaon

News  /   March

Providing an interim relief to Nissan, Ford and Toyota, the Supreme Court ordered a stay on the Competition Appellate Tribunal’s December order upholding charges of anti-competitive practices against these automakers. The Competition Commission of India in 2014 found 14 companies, including these three, guilty of monopolistic behaviour in the spare parts market. The antitrust body ordered them to pay a penalty equivalent to 2 per cent of their annual average turnover for three years preceding the launch of its inquiry. COMPAT upheld the findings but changed the penalty to 2 per cent of their revenue from spare parts — not the entire turnover — for the same period.

Tags Cloud
  • Toyota
  • Ford
  • Automakers
  • Nissan
Advertise Here [600 W x 90 H pixels]

Comments

Loading ...
Social
Become a fan
Like
Follow us
Follow
RSS
Subscribers
Popular posts
Mahindra and LG Chem collaborate for Li-ion battery technology
Mahindra and LG Chem collaborate for Li-ion battery technology
News,
Feb 2018
India offers opportunity for further growth
India offers opportunity for further growth
Interviews,
Mar 2018
Motherson to acquire Reydel for $ 201 mn from Cerberus
Motherson to acquire Reydel for $ 201 mn from Cerberus
News,
Apr 2018
Most commented
0
0 About 10,000 Maruti Suzuki Ignis sold since January
0 Activa crosses 1 million sales in 5 months
Latest Comments
1
None says:
None
2
None says:
None

Posts Categories

  • BEST STORIES
  • INTERVIEWS
  • NEWS UPDATES
  • PRODUCTS
  • EVENTS
  • ARCHIVES

Twitter Feeds

Contact Us

ASAPP Info Global Services Pvt Ltd.

A-303, Navbharat Estates,
Zakaria Bunder Road,
Sewri (West),
Mumbai - 400 015,
Maharashtra, India


Tel : 91-22-24193000, Fax : 91-22-24175734
Email : Subscriber@ASAPPinfoGLOBAL.com
Website: www.ASAPPinfoGLOBAL.com
  • HOME
  • ABOUT US
  • SUBSCRIBE
  • ADVERTISE
  • E-NEWSLETTER
  • PARTNERS
  • CONTACT US

© COPYRIGHT 2017 ASAPP Info Global Services Pvt Ltd. All Right Reserved.