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News Competition Commission of India fines Grasim Industries US$40.6m

Competition Commission of India fines Grasim Industries US$40.6m

Written by Global Cement staff 18 March 2020
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India: The Competition Commission of India (CCI) has fined Aditya Birla flagship company Grasim Industries US40.6m for anti-competitive practices, specifically for failing to disclose its discount policy as instructed by the CCI. Accord Fintech News has reported that cement accounts for almost 50% of Grasim Industries’ profit.

Last modified on 18 March 2020
Published in Global Cement News
Tagged under
  • India
  • Competition Commission of India
  • Aditya Birla
  • Grasim
  • Government
  • Antitrust
  • Fine
  • GCW447

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