CCI Fines HP India ₹140 Cr For Rigging Tenders On GeM Portal

by · Inc42

SUMMARY

  • The CCI fined HP ₹126.9 Cr in the first case involving personal computer systems and ₹11.98 Cr in the second case involving printing supplies
  • HP was found to have dictated bid prices to resellers, withheld necessary authorisations, and coordinated cover bids on the GeM platform
  • HP attracted a lower fine from the regulator as it voluntarily self-reported on its own illegal activities