The Court was hearing CCI's appeal against an NCLAT order which held that there was no conclusive evidence of 'price parallelism' among the tyre companies.
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.
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.
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.