CCI: Mere collusion or coordination is not enough to hold the Parties in contravention of the provisions of the Competition Act

Competition Commission of India, by way of its order dated June 28, 2016 held that M/s Ruchi Soya Industries Ltd. ,M/s Betul Oils Ltdand M/s Ganganagar Commodity Ltd. were not in  contravention of the provisions of sections 3 and 4 of the Act as alleged by Shri Nirmal Kumar Manshani (Informant). The Informant stated that…