The Competition Regulator has ordered a probe into allegations that Tata Motors abused its market position while supplying commercial vehicles to some of dealers.
The dealers allege that the company dictated terms around the quantity and type of vehicles it should stock and also worked in concert with affiliate firms while advancing credit. The order has come on two complaints filed against Tata Motors, Tata Capital Financial Services Ltd and Tata Motors Finance Ltd.
The practice by Tata Motors to "coerce its dealers to order the vehicles according to its own whims and fancies" is anti-competitive, the CCI said in its 45-page order ordering a further investigation.
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