Business

NCLAT dismisses abuse of dominance charge against BMW India

PTI

In a relief to luxury car-maker BMW India, the National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by one of its former dealers, alleging abuse of dominant position.

A two-member bench headed by Chairperson Justice S J Mukhopadhaya has upheld the earlier order passed by fair trade regulator CCI, which had also rejected Parsoli Motors’ plea on May 30, 2018.

Competition Commission of India (CCI) has said that as BMW has a negligible share in the passenger car segment in India, hence the question of abuse of dominant position did not arise.