Grasim Industries Limited (Grasim) abused its dominance again by
charging discriminatory prices, denying market access, and imposing
supplementary obligations in the viscose staple fibre (VSF)
market from 2017 to 2018, held the Competition Commission of India
(CCI) on 6 August 2021. (Informant (Confidential) v Grasim
Industries Limited (Case No. 51 of 2017, Case No. 54 of 2017, Case
No. 56 of 2017).)
On 16 March 2020, the CCI in XYZ v Association of
Man-Made Fibre Industry in India (Case No. 62 of
2016.) (MMF Case) had earlier imposed a penalty of INR 301.61
crores on Grasim.
Facts
In 2017, three informants engaged in the business of spinning
and marketing yarns / fibre complained separately to the CCI that
Grasim had abused its dominance in the VSF market. VSF is a
man-made biodegradable material used as an alternative to
cotton.
