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China/India: First instance emerges of Chinese co affected by Indian antitrust law

 |  May 8, 2013

In what’s believed to be the first incidence of its kind, the Competition Commission of India has launched an inquiry into a Chinese firm over complaints the China-based company is acting anti-competitively. The CCI has received a complaint from Transparent Energy Systems alleging that Chinese waste heat recovery solutions company Nanjing Triumph Kaineng is hampering competition by settling below-market prices when quoting tenders. NTK first entered the market in India in 2011 with its joint venture with Tecpro Systems.

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