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…

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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…

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CCI imposes penalty on Geep Industries for being a member of bilateral “ancillary” cartel

CCI imposes penalty on Geep Industries for being a member of bilateral “ancillary” cartel The Competition Commission of India vide order dated 30/08/18 imposed a penalty of Rs.9,64 06,682 on Geep Industries (India) Private limited for acting in violation of Section 3(3) read with Section 3(1) of the Competition Act, 2002. The case was initiated…

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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,…

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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…

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CCI PENALIZES BATTERY MANUFACTURERS’ ADMITTED CARTEL -DECIDES ITS SECOND LENIENCY CASE

CCI PENALIZES BATTERY MANUFACTURERS’ ADMITTED CARTEL -DECIDES ITS SECOND LENIENCY CASE     Competition Commission of India (CCI) by an order dated 19 April 2018, in its second decision on a leniency application, has awarded a 100 (One Hundred) per cent reduction in penalty to the leniency applicant, Panasonic Energy India Co. Ltd (“Panasonic”) in…

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CCI imposes penalty on domestic Airlines for price-fixing in air cargo operations

CCI imposes penalty  on domestic Airlines for price-fixing in air cargo operations The Competition Commission of India (“CCI”) vide order dated 07.03.2018 has imposed penalty on three domestic airlines, namely, Jet Airways (India) Ltd (‘Jet Airways’), InterGlobe Aviation Limited (‘IndiGo Airlines’) and SpiceJet Limited (‘SpiceJet’) (collectively ‘OPs’) amounting to INR 39.81 Crore, INR 9.45 Crore…

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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…

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CCI dismisses allegations of cartelization against Air Cargo Agents Association of India

The Competition Commission of India (CCI) vide order dated 12.09.2017 has dismissed allegations of cartelization against the Air Cargo Agents Association of India. The Informant, the International Air Transport Association (IATA) is an international non-profit trade association headquartered in Montreal, Canada comprising of 265 member airlines belonging to 118 nations across the globe. It was…

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