CCI imposes ₹126 crore penalty on HP India for bid-rigging and cartel activity
The Competition Commission of India (CCI) has penalized HP India Sales with a fine of ₹126 crore, citing involvement in bid-rigging and cartelization regarding government procurement through the GeM portal. According to the CCI, HP engaged in coordinated efforts with specific resellers during tenders for personal systems equipment from 2017 to 2020. The company is accused of leveraging its authority over Manufacturer Authorisation Forms to dictate which resellers were able to submit bids.
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