Panasonic Energy India Co. Ltd. announced that the Competition Commission of India (CCI) has issued an order on January 15, 2019 in a matter wherein Panasonic Energy India Co. Ltd. was a party. The order has been published on the CCI website. The order pertains to cartelization in the market for dry cell batteries in India between Godrej & Boyce Manufacturing Company Limited (Godrej) and the Company under Section 3(3) of the Competition Act, 2002 (Competition Act). In the order the CCI held that the Company and Godrej contravened Section 3 of the Competition Act by indulging in cartelization, and are liable under the Competition Act. The CCI has granted full immunity to the Company and did not impose any penalty on the Company.