Competition Commission of India (“CCI/Commission”) vide its order dated 09.06.2022, in a Suo Moto case found 7 companies i.e. Polyset Plastics Private Ltd. (OP-1), M/s Anju Techno Industries (OP-2) M/s Power Mould (OP-3), Jai Polypan Private Ltd. (OP-4), M/s Rama Engineering Works (OP-5), M/s Polymer Products of India (OP-6), and M/s Hari Narayan Bihani (OP-7)…
It will be music for some firms in India! The Indian fair market watchdog, the Competition Commission of India (CCI) has lately started showing a much nuanced and mature understanding of practical realities and difficulties of doing business in India in the context of imposition of penalties on cartels and bid rigging cases in India…
In a recent order dated 20.04.2021, the Competition Commission of India (“CCI”) has dismissed allegations of bid rigging against Genus Breeding India Private Limited (“Genus Breeding”) in the tender process for establishing a facility for producing and supplying sexed semen of indigenous, crossbred cattle and buffalo breeds in Uttar Pradesh. The Information was filed by…
CCI again refrains from imposing penalty in a bid rigging cartel for supply of composite brake blocks to Indian Railways due to COVID 19 By way of order dated 10 July 2020, the Competition Commission of India (“CCI/Commission”) found 10 suppliers of different types of Composite Brake Blocks (CBBs) to Indian Railways having…
Auto Component Makers Beware – CCI is inquiring into your industry The Indian automobile industry is the fourth largest in the world. It is the largest in the two and three-wheeler segment, second largest in the bus segment and the fourth largest in the passenger car segment, in terms of manufacturing volume. With the growing…
CCI Imposes Penalty on LPG Gas Cylinder manufacturers for Cartelization in response to tenders floated by HPCL in 2011 By way of order dated 09.08.2019, the Competition Commission of India (“CCI/Commission”) has imposed penalty on 51 LPG manufacturers for engaging in cartelization by collectively withdrawing their bids in a tender floated by Hindustan Petroleum Corporation…
CCI penalizes two Japanese OES’s -NSK and JTEKT, for admitted cartelization in supply of Electric Power Steering to OEMs-NSK obtains full waiver on penalty The Competition Commission of India (“CCI/Commission”), by way of order dated 09.08.2019, has found two Japanese Original Equipment Suppliers (OES) , namely NSK Limited, Japan (“NSK”) and JTEKT Corporation (“JTEKT”),…
CCI imposes penalty for collusive bidding in tender floated by Pune Municipal Corporation By way of order dated 02.08.2019, the Competition Commission of India (“CCI/Commission”) has fined SAAR IT Resources Pvt. Ltd (“SAAR”), CADD Systems and Services Pvt. Ltd(“CADD”) and Pentacle Consultants (I) Pvt. Ltd (“Pentacle”) for collusive bidding in a tender floated by…
CCI dismisses complaint of bid rigging by Eastern Railways against Laxven and Medha Servo in procurement of Microprocessor systems By way of its order dated 02.01.2019, the Competition Commission of India (“CCI/Commission) has exonerated M/s Laxven Systems (“Laxven”) and M/s Medha Servo Drives Pvt. Ltd (“Medha”) of allegations of bid rigging in the…
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…
