Discount curbs: Maruti fined Rs 200 crore by CCI

Discount curbs: Maruti fined Rs 200 crore by CCI

Fair play watchdog Competition Commission of India (CCI) has imposed a Rs 200-crore penalty on top car maker Maruti Suzuki for centrally controlling and restricting dealer discounts, saying the practice led to “denial of benefits” to buyers, while lowering competitive fightback in auto industry.