https://www.taxtmi.com/caselaws?id=368263 SC held that appellants, suppliers of LPG cylinders, successfully rebutted the presumption of bid rigging under Section 3(3)(d) of the Competition Act given prevailing oligopsony market conditions and repetitive similar bids driven by buyer concentration. The Court found CCI failed to conduct necessary further inquiry, including summoning the purchasing entity, and there was insufficient evidence of an agreement to rig bids. Consequently the penalties were set aside, the appeals allowed, and the competition authority's appeals dismissed as infructuous; all pending applications were disposed of. en-us Mon, 01 Oct 2018 00:00:00 +0530 Mon, 06 Oct 2025 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368263 SC held that appellants, suppliers of LPG cylinders, successfully rebutted the presumption of bid rigging under Section 3(3)(d) of the Competition Act given prevailing oligopsony market conditions and repetitive similar bids driven by buyer concentration. The Court found CCI failed to conduct necessary further inquiry, including summoning the purchasing entity, and there was insufficient evidence of an agreement to rig bids. Consequently the penalties were set aside, the appeals allowed, and the competition authority's appeals dismissed as infructuous; all pending applications were disposed of. Case-Laws Law of Competition Mon, 01 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368263