https://www.taxtmi.com/caselaws?id=233630 The Commission concluded that the involved parties contravened Section 3(3)(d) read with Section 3(1) of the Competition Act, 2002, through bid rigging and cartelization. As a result, the Commission issued a cease and desist order under Section 27(a) of the Act, requiring the parties to halt such anti-competitive practices. Although no monetary penalties were imposed due to the small and micro nature of the enterprises and their lack of awareness, the parties were mandated to file an undertaking within 30 days. The Commission warned that non-compliance could lead to fines under Section 42 of the Act. en-us Thu, 21 Feb 2013 00:00:00 +0530 Fri, 29 Nov 2024 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233630 The Commission concluded that the involved parties contravened Section 3(3)(d) read with Section 3(1) of the Competition Act, 2002, through bid rigging and cartelization. As a result, the Commission issued a cease and desist order under Section 27(a) of the Act, requiring the parties to halt such anti-competitive practices. Although no monetary penalties were imposed due to the small and micro nature of the enterprises and their lack of awareness, the parties were mandated to file an undertaking within 30 days. The Commission warned that non-compliance could lead to fines under Section 42 of the Act. Case-Laws Law of Competition Thu, 21 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233630