HP hit with massive 1.4 billion rupees fine for running 'cartel' of ink cartridges, toner, PCs in India
- HP India has been fined 1.42 billion rupees ($14.7 million) for two separate cases
- Self-reporting ultimately landed it with lighter fines
- Both cases relate to government tender manipulation between 2017 and 2020
India's Competition Commission (CCI) has accused HP India and some related resellers of coordinating bids for Indian government contracts on the Government e-Marketplace.
According to the CCI, the company and certain partners manipulated government tenders by predetermined or communicated bid prices, submitting deliberately uncompetitive bids to create the appearance of competition and controlling discounts.
The regulator revealed two separate cases for investigation – one relating to PCs, and the other relating to printing consumables like ink and toner.
HP accused of manufacturing bids to win Indian government contracts
In the printing case, the CCI uncovered emails, witness statements, WhatsAppgroup conversations and even a 2019 video from a reseller meeting. Discussions around which companies would submit supporting...
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