https://www.taxtmi.com/caselaws?id=275697 The Tribunal overturned the Commission's decision, concluding that the appellants were not guilty of collusive bidding or bid-rigging due to insufficient evidence of an agreement beyond identical pricing. It also annulled the penalty imposed by the Commission, ruling that penalties should be based on the turnover of the specific product involved in the violation, not the total turnover. The Tribunal ordered the refund of any penalties paid by the appellants, with interest accruing if not refunded within three months. en-us Tue, 12 Apr 2016 00:00:00 +0530 Fri, 12 Oct 2018 18:20:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275697 The Tribunal overturned the Commission's decision, concluding that the appellants were not guilty of collusive bidding or bid-rigging due to insufficient evidence of an agreement beyond identical pricing. It also annulled the penalty imposed by the Commission, ruling that penalties should be based on the turnover of the specific product involved in the violation, not the total turnover. The Tribunal ordered the refund of any penalties paid by the appellants, with interest accruing if not refunded within three months. Case-Laws Law of Competition Tue, 12 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275697