India Fines HP $13.3 Million for Colluding on Government Procurement Prices
Legal·1 article across 1 outlet
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India’s antitrust regulator fined the Indian unit of HP Inc. 1.27 billion rupees ($13.3 million), saying the company colluded with its resellers to rig prices in government procurement tenders.
The fine reflects the regulator's efforts to maintain fair competition in the market and deter similar practices in the future.
HP
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“India’s antitrust regulator fined the Indian unit of HP Inc. 1.27 billion rupees ($13.3 million), saying the company colluded with its resellers to rig prices in government procurement tenders.”
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