MRTPC discharges plea against Hindustan Lever

New Delhi, Nov 4: MRTPC has dismissed a complaint filed against Hindustan Lever Ltd (HLL) for allegedly increasing prices of its products Glucon-D And Nycil.

Observing that Director General (Investigation & Registration) in its investigative report had already conceded that HLL cannot be faulted for pricing of Glucon-D, MRTPC chairman CM Nayar and member RK Anand said: “The trade practice cannot be accepted as a
restrictive trade practice unless its adverse effect on competition is specifically demonstrated, which the DG has failed to do in this case.”

Based on a complaint filed by Yohannankutty Mathai, DG had charged HLL with practising unfair trade for increasing cost of its products which it said were essential commodities and had been done without an increase in costs of inputs. The bench further said the pricing of Nycil was monitored by National Pharmaceutical Pricing Authority (NPPA) which is empowered to take final decisions regarding price fixation.

— PTI