A PYMNTS Company

India: HC refuses to stay competition panel probe against Hyundai

 |  March 10, 2015

The Madras High Court on Tuesday refused to stay the investigation by the Competition Commission of India (CCI) into the alleged anti-competitive practices of Hyundai Motor India.

Originally, the company, along with another automobile manufacturer, had filed a writ petition challenging an order of the CCI permitting its Director-General to expand the scope of his investigation. It questioned the power of the Director-General of the CCI to initiate investigation suo motu.

While dismissing the plea, the single Judge had said the Director-General did not suo motu initiate any probe. He merely placed before the Commission information already available in a complaint lodged by an individual.


Full Content: Business Standard


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