392.55 (2.73%) The Competition Commission of India (CCI) has ordered a detailed probe against Maruti Suzuki for alleged resale price maintenance arrangement with dealers. Generally, resale price maintenance refers to an arrangement between a buyer and seller wherein the resale price is stipulated by the seller.
The allegations prima-facie reveal a fit case for investigation in respect of the alleged resale price maintenance arrangement put in place by Maruti Suzuki upon its dealers in contravention of competition norms.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.