CCI Imposes a Penalty of about Rs. 1.16 Crores for Cartelisation in HPPA/SLPR Bushes

A reference from Railways to CCI about an alleged cartelisation in High Performance Polyamide (‘HPPA’) and Self Lubricating Polyester Resin (‘SLPR’) Bushes proved cartelisation in supply of these products to Indian Railways.

After investigation, CCI has imposed a total penalty of Rs. 1.16 Crores even after 4 applicants got relief under leniency scheme after applying for it.