Saint-Gobain Accused Of Anti-Competitive Practices In India: Report
Portfolio Pulse from Lekha Gupta
Saint-Gobain and its local unit face a lawsuit by India's antitrust authorities for anti-competitive practices. The company allegedly forced partners to exclusively buy glass from it or risk supply stoppage and manipulated its market position in the clear float glass products.
June 27, 2023 | 1:14 pm
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Saint-Gobain faces a lawsuit in India for anti-competitive practices, potentially affecting its reputation and market position in the country.
The lawsuit accuses Saint-Gobain of anti-competitive practices, which could lead to legal consequences and damage the company's reputation. This may negatively impact its market position in India, where it has a significant share of the float glass market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Saint-Gobain faces a lawsuit in India for anti-competitive practices, potentially affecting its reputation and market position in the country.
The lawsuit accuses Saint-Gobain of anti-competitive practices, which could lead to legal consequences and damage the company's reputation. This may negatively impact its market position in India, where it has a significant share of the float glass market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100