CCI fines HP India Rs 11.98 crore for rigging print consumables bids
India's competition regulator penalized HP India Rs 11.98 crore and 16 resellers Rs 2.30 crore over cartelisation in the supply of toners and cartridges, ordering all parties to cease anti-competitive conduct in procurement markets. Total penalty: Rs 14.28 crore.
CCI penalized HP India Rs 11.98 crore and 16 resellers Rs 2.30 crore for cartelisation in supply of print consumables like toners and cartridges, directing them to cease anti-competitive conduct in procurement markets.
Why this matters
The Rs 14.28 crore fine follows a separate Rs 142 crore CCI penalty on HP India for cartelisation across PCs, laptops and printer consumables, signaling intensifying regulatory scrutiny of HP's procurement practices.
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