Birla Opus files antitrust complaint against market leader Asian Paints
Aditya Birla Group’s paint venture — Birla Opus — has reportedly filed an antitrust complaint against market leader Asian Paints, alleging abuse of market dominance. The company claims that Asian Paints has been forcing paint retailers to avoid stocking Birla Opus products.
According to Reuters, the confidential complaint submitted by Birla Opus to the Competition Commission of India (CCI) has been under review in recent weeks. The CCI is yet to decide if the complaint holds merit and needs a broader probe by its investigations unit, or should be dismissed.
Birla Opus also alleges that Asian Paints has warned dealers that it would restrict their credit facilities if they stock the rival’s products. Asian Paints has also allegedly told its dealers it will curtail its supplies to them if they put up hoardings of Birla paint products or place them at prominent places, as per Birla’s complaint.
