https://www.taxtmi.com/caselaws?id=364708 The National Company Law Appellate Tribunal (NCLAT) upheld the findings of the Competition Commission of India (CCI), dismissing the appeals filed by the Cement Manufacturers Association and 11 cement companies. The Tribunal confirmed that there was sufficient evidence to establish an anti-competitive agreement among the companies to fix prices and control production and supply, violating Section 3(3)(a) and (b) of the Competition Act, 2002. The NCLAT concluded that the CCI had adequately considered the relevant market and imposed appropriate penalties, thereby affirming the CCI's cease and desist orders against the parties involved. en-us Wed, 25 Jul 2018 00:00:00 +0530 Fri, 03 Aug 2018 08:33:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364708 The National Company Law Appellate Tribunal (NCLAT) upheld the findings of the Competition Commission of India (CCI), dismissing the appeals filed by the Cement Manufacturers Association and 11 cement companies. The Tribunal confirmed that there was sufficient evidence to establish an anti-competitive agreement among the companies to fix prices and control production and supply, violating Section 3(3)(a) and (b) of the Competition Act, 2002. The NCLAT concluded that the CCI had adequately considered the relevant market and imposed appropriate penalties, thereby affirming the CCI's cease and desist orders against the parties involved. Case-Laws Law of Competition Wed, 25 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364708