CCI has fined 5 tyre companies, What is Cartelization?

CCI has fined 5 tyre companies

Anti-monopoly watchdog, Competition Commission of India (CCI) has approved the equivalent of five-bed tire companies in the country for an Rs. A 1,788 crore fine has been imposed. In which five-third company has been fined Maha – Apollo Tires Ltd., MRF Ltd., Cet Ltd., JK Tyre & Industries Ltd., and Birla Tires Ltd. Cartilization is …

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