CCI slaps Rs 14.28 crore penalty on HP India, 16 resellers for bid-rigging cartel
The Competition Commission of India penalised HP India Rs 11.98 crore and 16 resellers Rs 2.30 crore for cartelisation in supply of print consumables, directing them to cease anti-competitive bidding on government procurement.
CCI penalised HP India Rs 11.98 crore and 16 resellers Rs 2.30 crore for cartelisation in supply of print consumables (toner, cartridges), directing them to cease anti-competitive conduct in procurement bidding.
Why this matters
HP India faces regulatory action as the Competition Commission cracks down on bid-rigging in government print consumable tenders, penalising the company and 16 resellers for cartelisation.
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