Some notes on the Apex Court's judgment in a
‘penalty on tyre manufacturers' and ‘CCI has
jurisdiction over lotteries'
i) Penalty on tyre manufacturers:
The Competition Commission of India (CCI) in Re: Ministry of
Corporate Affairs and Apollo Tyres and Ors by an order dated August
31, 2018 (CCI Order) imposed a collective penalty of ₹17.88
billion on five tyre companies and their association, i.e.,
Automotive Tyre Manufacturers Association (ATMA). The CCI had
imposed the penalty on the tyre companies and ATMA for indulging in
cartelisation, and contravening the provisions of Section 3 of the
Competition Act, 2002 (the Act).
Aggrieved by the CCI Order, a writ petition was filed by MRF Ltd
before the Madras High Court which came to be dismissed. The matter
reached before the division bench of the High Court which on March
8, 2018 directed the CCI Order to be kept in a sealed cover till
the disposal of the writ appeal.