THE All India Tyre Dealers’ Federation (AITDF) has appealed to the Competition Appellate Tribunal (COMPAT) against the fair trade regulator CCI order that nixes the cartelisation charges versus some tyre companies.
“We have gone for appeal at COMPAT against the CCI order and the next hearing has been fixed for March 20,” AITDF, an independent body studying the tyre industry, said in a statement.
Last year, CCI ruled that it had found no evidence of cartelisation in the tyre industry, thereby scrapping imposition of penalty on manufacturers including Apollo Tyres, MRF, JK Tyre, Ceat and Birla Tyres, abrogating its investigation on alleged cartelisation charges pressed against the five tyre companies, which control 95% of the tyre market, and also the Automotive Tyre Manufacturers’ Association ( ATMA).
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