CCI imposes Rs 4 lakh penalty on Indian publishers and booksellers association
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The CCI also directed the FPBAI, SC Sethi and Sunil Sachdev to cease and desist from indulging in activities found to be in contraventions of section 3 of the Competition Act, relating to anti-competitive agreements, in order on Tuesday.
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The Competition Commission of India (CCI) imposed a penalty of Rs 4 lakh on the Federation of Publishers and Booksellers Association in India (FPBAI) and its present and past presidents for anti-competitive practices.
The CCI also directed the FPBAI, SC Sethi and Sunil Sachdev to cease and desist from indulging in activities found to be in contraventions of section 3 of the Competition Act, relating to anti-competitive agreements, in an order on Tuesday.