India's antitrust regulator has fined Maruti Suzuki , the country's biggest carmaker, 2 billion rupees ($27 million) for anti-competitive practices related to how it forced dealers to discount cars, the watchdog said in an order on Monday.
Corporate office of Maruti Suzuki India Limited is pictured in New Delhi, India, February 26, 2016. REUTERS/Anindito Mukherjee/Files, the country's biggest carmaker, 2 billion rupees for anti-competitive practices related to how it forced dealers to discount cars, the watchdog said in an order on Monday.
Maruti, which sells one in every two cars in India and is majority-owned by Japan's Suzuki Motor CorpThe company has "always worked in the best interests of consumers and will continue to do so in the future," it said. The CCI order, however, contained extracts of several emails exchanged between dealers and Maruti officials, which made it "evident that the Discount Control Policy was controlled" by Maruti and not its dealers.
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