CCI imposes ₹1,788 crore penalty on five tyre manufacturers for cartelisation

Penalty was imposed on Apollo Tyres, MRF Ltd., CEAT Ltd., JK Tyre and Birla Tyres and a separate penalty of ₹8.4 lakh was imposed on Automotive Tyre Manufacturers Association.
Tyres
Tyres

The Competition Commission of India (CCI/Commission) has imposed a collective penalty of ₹1,500 crore on five tyre manufacturers and Automotive Tyre Manufacturers Association (ATMA) for indulging in cartelisation.

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