Meritor: CCI fines Cummins Inc for premature merger with Meritor Inc and standstill violation
Cummins Inc faces a ₹10 lakh fine by CCI for prematurely merging with Meritor Inc and violating standstill obligations, highlighting the importance of complying with competition law.
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Meritor is a Michigan-based manufacturer and supplier of products such as axles, brakes, drivelines and suspensions for commercial vehicle and industrial markets.
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