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CCI concludes no contravention against bearings manufacturers
The Competition Commission of India (CCI) has passed a final order In Re: Cartelisation in the supply of Bearings (Automotive and Industrial) dated 21 October 2021, Suo Motu Case No. 7(02) of 2014. The investigation was conducted against NSK Ltd., Japan, NSK International (Singapore) Pte. Ltd. and NSK Bearings India Pvt. Ltd. (NSK); JTEKT Corporation, Japan, and Koyo Bearings India Ltd. (JTEKT); and NTN Corporation, Japan (NTN).