Asian Paints shares in focus after CCI orders probe over alleged abuse of dominant position

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Asian Paints faces a CCI investigation following a complaint from Grasim Industries, alleging abuse of its dominant market position through unfair dealer incentives and hindering competitor entry. Grasim accuses Asian Paints of coercing dealers, landlords, and transporters to limit engagement with Birla Opus. Despite holding a significant market share, Asian Paints has seen some erosion after Birla Opus's entry.