<p>Competition Commission of India (CCI) on Wednesday imposed a fine of Rs 87 crore on Hyundai Motor India (HMIL) for anti-competitive conduct.<br /><br />The penalty has been levied at 0.3% of the average relevant turnover of HMIL of preceding three years, CCI said in its order. <br /><br />“Final order was passed today on informations filed by HMIL dealers viz. Fx Enterprise Solutions India Pvt. Ltd & St. Antony’s Cars Pvt. Ltd,” Ministry of Finance said in a tweet.</p>
<p>Competition Commission of India (CCI) on Wednesday imposed a fine of Rs 87 crore on Hyundai Motor India (HMIL) for anti-competitive conduct.<br /><br />The penalty has been levied at 0.3% of the average relevant turnover of HMIL of preceding three years, CCI said in its order. <br /><br />“Final order was passed today on informations filed by HMIL dealers viz. Fx Enterprise Solutions India Pvt. Ltd & St. Antony’s Cars Pvt. Ltd,” Ministry of Finance said in a tweet.</p>