HP's India Antitrust Debacle: A Pattern of Corporate Arrogance?
The Competition Commission of India's July 13 ruling against Hewlett Packard (HP) serves as a stark reminder that antitrust laws still have teeth, even in the world of high tech giants.
The CCI found HP guilty of rigging bids on the government's electronic procurement platform and ordered the company to stop the practice and pay penalties totaling $15 million.