A PYMNTS Company

India: CCI to investigate largest trucking union over price increases

By  |  November 28, 2012

Members of the “disorganized” trucking industry in India are facing an investigation by the Competition Commission of India after the antitrust authority learned that the All India Motor Transport Congress, a union in the industry, allegedly told its members to raise freight charges by up to 15 percent in response to an increase in gas prices last September. The AIMTC is barred from asking its truckers to increase fares by the Monopolies and Restrictive Trade Practices Commission. The complaint was first issued by the Indian Foundation of Transport Research and Training. In response, one AIMTC official said that the 15 percent increases were not a request for the union’s truckers to raise prices, but rather a “projection” of cost increases. AIMTC claims to be the largest union in the trucking sector, which overall has about six million vehicles in operation.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Business Line

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.