CCI rules in favour of NTN Corporation of Japan over cartelisation charges

Commission inquired into charges based on an application filed by NSK as leniency petitioner. Leniency rules protect those who come forward and submit information honestly

The Competition Commission of India (CCI) has dismissed the leniency petitions filed by two major Japanese bearings companies--NSK and JTEKT--against NTN Corporation Japan. NTN is a Japanese manufacturer of bearings.

NSK and JTEKT had alleged that they had entered into a cartel with NTN in Japan for supply of auto bearings to some car manufacturers in India.

The Commission has inquired into allegations of cartelisation on the basis of an application filed by NSK as leniency petitioner. Leniency regulations provide protection to those who come forward and submit information honestly.  

Based on the petition the Commission directed its director general