Indian tyre dealer federation protests cartel decision
The All India Tyre Dealers' Federation (AITDF) has approached the country’s Competition Appellate Tribunal (COMPAT), a body that handles appeals against any decision made or order passed by the Competition Commission of India (CCI), regarding the clean bill of health the CCI gave tyre makers when it investigated cartelisation claims. Last October the CCI found no evidence of cartelisation in the tyre industry, and thus dismissed a complaint filed by the AITDF. The manufacturers in question, Apollo Tyres, MRF, JK Tyre, Ceat and Birla Tyres, along with the Automotive Tyre Manufacturers' Association, faced no penalty. These five manufacturers are said to control 95 per cent of India’s domestic tyre market.
“We have gone for appeal at COMPAT against the CCI order and the next hearing has been fixed for March 20,” wrote the AITDF in a statement.
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