BUSINESSTHE REGISTER
Even HP resellers thought the price of toner and ink was too high – so HP India facilitated an illegal cartel
HP India was fined ₹138.85 crores by the Competition Commission of India (CCI) for facilitating a cartel among resellers to inflate prices of PCs, printers, and printer supplies. The CCI found evidence of bid rigging, price fixing, and customer allocation between 2017-2020, with HP coordinating reseller activities to prevent undercutting and deter sales of counterfeit ink cartridges.
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