Car makers seek more time to present case before CCI
Car makers under the scanner of Competition Commission of India for alleged anti-competitive practices have sought more time to present their case, a senior official of the fair trade regulator said.
Kolkata: Car makers under the scanner of Competition Commission of India for alleged anti-competitive practices have sought more time to present their case, a senior official of the fair trade regulator said.
Seventeen automobile companies are alleged to have abused their dominant position by making spare parts available only through their authorised dealers, who in turn are accused of selling them at high rates.
"Earlier this week, we were supposed to hold the first hearing of car-makers, but they wanted to cross-examine the witness who had testified against them. In that case, they need to give us a written application stating which witness they want to cross-examine. We will consider their application on January 10 and then hear them," a senior CCI official told PTI.
"Accused parties should have finished the process of cross examination before the Director General while the investigations were ongoing, but since they have not they do have the option to seek it now," the official said.
The Commission's investigative arm, Director General (DG), is believed to have submitted a detailed and voluminous report on the allegations against the car-makers, after which showcause notices were sent to the parties.
The case is being pursued under Section 4 of the Competition Act that relates to abuse of dominant market position by enterprises.
The Commission, which became fully functional in 2009, with the appointment of a chairman and six members, has the power to check anti-competitive agreements and abuse of dominant position, drawn from Sections 3 and 4 of the Competition Act, 2002.