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.