https://www.taxtmi.com/news?id=20253 Regulator found two broadcasting service providers formed a cartel by exchanging information and coordinating bid prices in tenders for end to end broadcasting services for sporting events, infringing the prohibition on agreements limiting competition; penalties were computed on a profit based formula and against individuals' incomes, and reductions under the Lesser Penalty regime resulted in full reduction for one applicant and partial reduction for the other, leaving monetary liability only for the latter. en-us Thu, 12 Jul 2018 09:42:47 +0530 Thu, 12 Jul 2018 09:42:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20253 Regulator found two broadcasting service providers formed a cartel by exchanging information and coordinating bid prices in tenders for end to end broadcasting services for sporting events, infringing the prohibition on agreements limiting competition; penalties were computed on a profit based formula and against individuals' incomes, and reductions under the Lesser Penalty regime resulted in full reduction for one applicant and partial reduction for the other, leaving monetary liability only for the latter. News - Thu, 12 Jul 2018 09:42:47 +0530 https://www.taxtmi.com/news?id=20253