Policy · 1h ago
HP fined $17M for rigging Indian government tech tenders
India's antitrust watchdog fined HP 1.42 billion rupees ($17 million) for colluding with resellers to manipulate bids for government contracts for PCs, printers, and ink cartridges. The investigation found HP orchestrated a cartel to fix prices and allocate tenders from 2015 to 2020. HP said it will appeal the decision.
Meridian48 take
The fine is modest for a company of HP's size, but the ruling signals India's growing willingness to penalize tech giants for anti-competitive behavior in public procurement.
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HP hit with massive 1.4 billion rupees fine for running 'cartel' of ink cartridges, toner, PCs in India →
TechRadar
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