https://www.taxtmi.com/news?id=12330 Associations of chemists, druggists, stockists, wholesalers and manufacturers engaged in anti-competitive practices including gatekeeping via No Objection Certificates, compulsory release charges, fixation of trade margins, restrictions on discounts, and boycott calls. The Competition Commission imposed penalties and issued cease and desist orders under the Competition Act, obtained undertakings from associations to stop such conduct, and warned that non-compliance may result in severe penalties and prosecution while inviting reports of violations. en-us Mon, 03 Feb 2014 15:18:31 +0530 Mon, 03 Feb 2014 15:18:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12330 Associations of chemists, druggists, stockists, wholesalers and manufacturers engaged in anti-competitive practices including gatekeeping via No Objection Certificates, compulsory release charges, fixation of trade margins, restrictions on discounts, and boycott calls. The Competition Commission imposed penalties and issued cease and desist orders under the Competition Act, obtained undertakings from associations to stop such conduct, and warned that non-compliance may result in severe penalties and prosecution while inviting reports of violations. News - Mon, 03 Feb 2014 15:18:31 +0530 https://www.taxtmi.com/news?id=12330