The Competition Commission has ordered a total penalty of Rs.2,545 crores on 14 car companies for unfair business practices in the sale of spare parts. The companies penalised include major car makers like Maruti, Tata, Ford, Mahindra, Hindustan Motors, Nissan, BMW, Mercedes Benz etc.
Cheating both the Government and the people at the same time has become the system for the corporates to maximise their profits. They also exploit the workers.
The government is fully aware of the cheating, but is not prepared to take action. They all belong to the same ruling classes.
Competition Commission Penalises Rs.2,545 crore on Car Companies
25 Monday Aug 2014
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