Supreme Court of India 2nd landmark judgment on cartels in India –dismisses legalistic findings of CCI and COMPAT of bid rigging in tender floated by IOCL for LPG Cylinders- based on market conditions

Supreme Court of India delivers 2nd landmark judgment on cartels in India –dismisses legalistic findings of CCI and COMPAT of bid rigging in tender floated by IOCL for LPG Cylinders- based on market conditions   The Supreme Court of India (“Court”) vide its landmark judgment  dated 1.10.2018  has allowed the appeals by the 44 LPG…

CCI penalizes sugar mills in UP, Gujarat and AP for cartelizing in supply of ethanol to OMCs under the Ethanol Blending Programme-ignores market realities

CCI penalizes sugar mills in UP, Gujarat and AP for cartelizing in supply of ethanol to OMCs under the Ethanol Blending Programme-ignores market realities! The Competition Commission of India (CCI/Commission) vide order dated 18.09.2018 under Section-27 of the Competition Act, 2002 (the Act) has imposed heavy monetary penalties at 7% of their average relevant turnover…

CCI imposes penalty on broadcasting service providers for bid-rigging in tenders floated by Sports Broadcasters-decides its fourth leniency case

CCI decides its fourth leniency,  imposes penalty on broadcasting service providers for bid-rigging in tenders floated by Sports Broadcasters- By way of an order dated 11 July 2018, the Competition Commission of India (CCI)  imposed a penalty of INR 22.36 Crore on Essel Shyam Communication (Essel Syam) for bid-rigging in tenders floated by sports broadcasters,…

CCI closes allegation of cartel against 37 suppliers of signaling cables to Indian Railways

CCI closes allegation of cartel against 37 suppliers of signaling cables to Indian Railways The Competition Commission of India (CCI/Commission ) by way of an order dated 12 July 2018 rejected the findings of  the Director General (DG) and closed the case against 37 signaling cable manufactures in relation to allegations of bid-rigging in eight…

CCI imposes highest penalty in terms of profit on a hard core cartel for coal liaisoning services for supply of coal to seven thermal power stations of Maharashtra State Power Generation Co. Ltd.

CCI imposes highest penalty in terms of profit on a hard core cartel for coal liaisoning services for supply of coal to seven thermal power stations of Maharashtra State Power Generation Co. Ltd.     The Competition Commission of India (CCI) vide its order dated  January 10, 2018 has exposed a cartel of three top coal…

CCI exonerates 9 suppliers for bid-rigging in railway tenders

CCI has reiterated importance of evidence to prove bid-rigging : mere identical pricing , including those by related companies held not sufficient.  The Competition Commission of India (‘CCI’) vide its order dated 28.11.2017 has exonerated nine RDSO approved suppliers (“Opposite Parties”) , including four sister companies, of allegations of bid-rigging in supply of roof mounted ac package unit for AC coaches…