Competition Commission imposes Rs1,786 crore fine on Apollo Tyres, MRF, CEAT, JK Tyre & Birla Tyres for cartelisation

The Competition Commission of India (CCI) on Wednesday said it has imposed penalties of Rs 425.53 crore on Apollo Tyres, Rs 622.09 crore on MRF, Rs 252.16 crore on CEAT, Rs 309.95 crore on JK Tyre and Rs 178.33 crore on Birla Tyres for indulging in cartelisation.

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