https://www.taxtmi.com/news?id=12355 The Commission found three engineering firms engaged in a cartel by submitting identical quotations for feed valves in a procurement tender and imposed monetary sanctions calculated as a percentage of the companies' average turnover for the relevant years; the inquiry was initiated suo motu based on information from the procuring unit and the firms were directed to cease and desist from such anti-competitive conduct. en-us Thu, 06 Feb 2014 18:08:09 +0530 Thu, 06 Feb 2014 18:08:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12355 The Commission found three engineering firms engaged in a cartel by submitting identical quotations for feed valves in a procurement tender and imposed monetary sanctions calculated as a percentage of the companies' average turnover for the relevant years; the inquiry was initiated suo motu based on information from the procuring unit and the firms were directed to cease and desist from such anti-competitive conduct. News - Thu, 06 Feb 2014 18:08:09 +0530 https://www.taxtmi.com/news?id=12355