India fined HP $14.4 million for rigging government bids and fixing ink and toner prices
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Cutting corners: India's antitrust regulator has fined HP's local unit and a group of resellers after finding they coordinated bids and pricing for government technology contracts. The Competition Commission of India said HP India worked with its channel partners to influence bids for computer procurements while controlling prices for ink cartridges, toner, and other printing supplies. The penalties total 1.4 billion rupees, or about $14.4 million.
The case centers on how bids were handled on the Government e-Marketplace, the country's main public procurement platform. According to the regulator, HP India and five resellers coordinated their bids to increase the likelihood that one of them would win government contracts.
In its order, the commission said, "[C]ertain resellers approached HP India to help facilitate an arrangement that would enhance their chances of securing Government supply...
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