CCI issues 100 notices to auto parts firms to investigate global cartels

The Competition Commission of India (CCI) has issued more than 100 notices to auto parts companies to investigate global cartels. The notices have been issued over a period of two years and a probe into these companies is on, according to sources. 

However, the investigations could take time because of the number of companies involved, said lawyers involved in some of these cases. 

Some of the companies have also filed leniency applications in various jurisdictions, including Japan. In India as well, the companies have filed leniency applications with the competition watchdog. 

The US Department of Justice, Japanese Fair Trade Commission, Canadian Competition Bureau