HP fined 1.4 billion rupees for price-fixing of ink cartridges, toner, and PCs
India's Competition Commission fined HP 1.4 billion rupees ($16.8 million) for engaging in cartel-like behavior to fix prices of printers, ink cartridges, toner, and personal computers. The regulator found that HP colluded with its distributors and resellers to control market prices and restrict competition. This penalty affects millions of Indian consumers and businesses, highlighting ongoing antitrust enforcement in the tech sector.
Sources (1)
technology