https://www.taxtmi.com/news?id=12361 CCI found that the Chemists and Druggists Association, Ferozepur and its office bearers engaged in anti-competitive practices by conditioning trade on association-issued NOCs and letters of credit and by directing members and wholesalers to stop dealing with a competing retailer, creating barriers to entry and excluding a competitor. The Commission imposed a monetary sanction based on a percentage of the Association's average receipts, directed them to Cease and Desist, required undertakings within a set period, and ordered deposit of the penalty within a prescribed timeframe. en-us Fri, 07 Feb 2014 14:30:36 +0530 Fri, 07 Feb 2014 14:30:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12361 CCI found that the Chemists and Druggists Association, Ferozepur and its office bearers engaged in anti-competitive practices by conditioning trade on association-issued NOCs and letters of credit and by directing members and wholesalers to stop dealing with a competing retailer, creating barriers to entry and excluding a competitor. The Commission imposed a monetary sanction based on a percentage of the Association's average receipts, directed them to Cease and Desist, required undertakings within a set period, and ordered deposit of the penalty within a prescribed timeframe. News - Fri, 07 Feb 2014 14:30:36 +0530 https://www.taxtmi.com/news?id=12361