Reuters reported exclusively that India’s antitrust regulator is looking into allegations that Maruti Suzuki, the country’s biggest car maker, pushes buyers to purchase insurance policies offered by the company. The Competition Commission of India (CCI) is assessing whether Maruti, majority owned by Japan’s Suzuki Motor, has engaged in so-called "tie-in arrangements", in which a car maker promotes preferred suppliers of complementary goods such as lubricants or insurance. Indian law says such practices are anti-competitive if they end up stifling competition and limiting consumer choices.
Reuters reveals India investigating anti-trust complaint against Suzuki unit
09 January 2020, 12:00 am. 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
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