CCI Fines Publishers' Body Again for Anti-Competitive Practices
ECONOMY & POLICY

CCI Fines Publishers' Body Again for Anti-Competitive Practices

The Competition Commission of India (CCI) has penalised the Federation of Publishers’ and Booksellers’ Association in India (FPBAI) and three office-bearers for indulging in anti-competitive conduct. This includes fixing inflated conversion rates for imported books and journals, enforcing pricing terms on its members, and promoting only its approved suppliers to institutions. These practices violate Sections 3(3)(a), 3(3)(b) and 3(1) of the Competition Act.

Despite an earlier cease and desist order from CCI, old circulars related to discount restrictions remained online and unwithdrawn. Consequently, FPBAI has now been ordered to raise awareness about anti-competitive conduct among members and withdraw all past advisories. A penalty of Rs 6.33 lakh has been imposed on FPBAI and its office-bearers.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Competition Commission of India (CCI) has penalised the Federation of Publishers’ and Booksellers’ Association in India (FPBAI) and three office-bearers for indulging in anti-competitive conduct. This includes fixing inflated conversion rates for imported books and journals, enforcing pricing terms on its members, and promoting only its approved suppliers to institutions. These practices violate Sections 3(3)(a), 3(3)(b) and 3(1) of the Competition Act.Despite an earlier cease and desist order from CCI, old circulars related to discount restrictions remained online and unwithdrawn. Consequently, FPBAI has now been ordered to raise awareness about anti-competitive conduct among members and withdraw all past advisories. A penalty of Rs 6.33 lakh has been imposed on FPBAI and its office-bearers.

Next Story
Infrastructure Transport

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Next Story
Real Estate

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Next Story
Real Estate

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement