view, there are a number of factors that influence the choice of purchase of a particular type of car such as budget, convenience, accessories, brand name, facilities, features, looks, etc . Similarly, on the supply side, the manufacturers also classify cars into various categories taking into account various factors such as demand from different segments of buyers, their disposable income, engine capacity, length of the car, etc . The Commission notes that some of the cars are popularly known as luxury cars because of their brand value, comfort, features, looks etc. which make them a different class all together. OP-2 manufactures and sells passenger cars with brand names Jaguar and Land Rover. Under the brand name Land Rover, OP-2 manufactures many models including Range Rover, Range Rover Sports, Range Rover Evoque, Discovery, Discovery Sports, etc. The price of these vehicles ranges from Rs. 48.91 lacs to Rs. 2.30 crores. Under the Jaguar brand, the price of different vehicles/models range from Rs. 41.1 lacs to Rs. 1.30 crores. The OPs are dealing in the segment of luxury passenger cars only and competing with other luxury car manufacturers/brands like Audi, BMW, Mercedes Benz, Volvo, etc . These cars, on the basis of differences in price, features and consumer preferences, can be classified as luxury cars and distinguished from other categories of passenger cars. Therefore, the Commission opines that, in the instant case, the relevant product market would be “ market for manufacture and sale of luxury passenger cars ”.
