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The Competition Commission of India has ordered an investigation of Asian coatings companies on the grounds that Asian coatings companies have blocked the entry of JSW coatings due to their dominant position in the decorative coatings production and sales market.
The decorative paint order was filed after JSWPaints filed a lawsuit, which alleges that Asian Paints threatened to deal with various dealers in Karnataka, Telangana and Tamil Nadu.
"The committee believes that the evidence provided by JSW Paints is preliminary evidence, which is sufficient to show that Asian Paints has threatened and coerced these distributors in various ways, thereby denying access to the distribution channels of JSW Paints related markets.
" The trade regulator said.
It added that the "surface phase" of Asian coatings appeared to violate the provisions of the Competition Law.
JSW Paints claims that if dealers continue to deal with JSW Paints, they will be punished by the Asian Paint Company.
It was also alleged that Asian Paint threatened distributors to stop supplying and prohibited other arbitrary discounts.
JSW Paints stated that these restrictions appear to be the nature of exclusive supply agreements and refusals to deal.
In addition, JSW Paints stated that Asian Paints has always maintained the highest market share, and in the past ten years, there have been no new players in the relevant market.
The regulator pointed out that denial of market access is "a serious form of abuse of a dominant position.
" "In the facts of this case, the committee noted that, according to JSW Paints' preliminary argument, the alleged threats and pressurized dealers of Asian Paints indicate that Asian Paints is trying to prevent JSW Paints from establishing a foothold in related fields.
Market.
” It also said: “It is said that restricting dealers from dealing with JSW Paint or any other paint manufacturer will create obstacles for paint suppliers.
In addition to not being able to provide consumers with better price benefits, they also These suppliers compete.
"Therefore, the Competition Commission of India (CCI) instructed the Director-General in the order passed on Wednesday to "complete the investigation and submit an investigation report within 60 days of receiving the order.
"
The decorative paint order was filed after JSWPaints filed a lawsuit, which alleges that Asian Paints threatened to deal with various dealers in Karnataka, Telangana and Tamil Nadu.
"The committee believes that the evidence provided by JSW Paints is preliminary evidence, which is sufficient to show that Asian Paints has threatened and coerced these distributors in various ways, thereby denying access to the distribution channels of JSW Paints related markets.
" The trade regulator said.
It added that the "surface phase" of Asian coatings appeared to violate the provisions of the Competition Law.
JSW Paints claims that if dealers continue to deal with JSW Paints, they will be punished by the Asian Paint Company.
It was also alleged that Asian Paint threatened distributors to stop supplying and prohibited other arbitrary discounts.
JSW Paints stated that these restrictions appear to be the nature of exclusive supply agreements and refusals to deal.
In addition, JSW Paints stated that Asian Paints has always maintained the highest market share, and in the past ten years, there have been no new players in the relevant market.
The regulator pointed out that denial of market access is "a serious form of abuse of a dominant position.
" "In the facts of this case, the committee noted that, according to JSW Paints' preliminary argument, the alleged threats and pressurized dealers of Asian Paints indicate that Asian Paints is trying to prevent JSW Paints from establishing a foothold in related fields.
Market.
” It also said: “It is said that restricting dealers from dealing with JSW Paint or any other paint manufacturer will create obstacles for paint suppliers.
In addition to not being able to provide consumers with better price benefits, they also These suppliers compete.
"Therefore, the Competition Commission of India (CCI) instructed the Director-General in the order passed on Wednesday to "complete the investigation and submit an investigation report within 60 days of receiving the order.
"
