HomeBusinessCCI disposes of JSW Paints' plea against Asian Paints

CCI disposes of JSW Paints’ plea against Asian Paints

JSW Paints claims Asian Paints is “abusing its dominant position” in the market

JSW Paints claims Asian Paints is “abusing its dominant position” in the market

The Competition Commission of India (CCI), in an order, has disposed of the petition by JSW Paints Pvt Ltd against Asian Paints Ltd after finding no merit.

JSW Paints, which had recently entered the decorative paints business, had complained that Asian Paints was abusing its dominant position in the market.

AS Sundaresan, Joint MD & CEO, JSW Paints, said in a statement, “The Competition Commission of India (CCI) after an inquiry based on our complaint and through its order has confirmed that Asian Paints is in a dominant position in the decorative Paints market.

“The CCI order also reaffirms our view that paint dealers do not have any countervailing purchasing power and are at the mercy of Asian Paints and not vice versa as claimed by Asian Paints,” he added. .

“We do not agree with the commission’s order that Asian Paints has not abused its dominance. We are currently reviewing the order and will take appropriate steps to protect the interests of our customers and dealers for a free and fair market.

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