https://www.taxtmi.com/caselaws?id=761953 CCI dismissed allegations against 5 parties for spreading false market rumors about price changes through rate cards. The Commission found no prima facie case for joint/collective dominance under Section 4, noting the Act doesn't provide for such inquiries. Regarding Section 3 violations, evidence including FIR and newspaper articles failed to establish cartelization. CCI concluded that alleged false rumors weren't result of or leading to cartelization given multiple market participants and daily price negotiations. Information closed under Section 26(2) with relief under Section 33 rejected. en-us Wed, 05 Jun 2024 00:00:00 +0530 Thu, 21 Nov 2024 08:59:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761953 CCI dismissed allegations against 5 parties for spreading false market rumors about price changes through rate cards. The Commission found no prima facie case for joint/collective dominance under Section 4, noting the Act doesn't provide for such inquiries. Regarding Section 3 violations, evidence including FIR and newspaper articles failed to establish cartelization. CCI concluded that alleged false rumors weren't result of or leading to cartelization given multiple market participants and daily price negotiations. Information closed under Section 26(2) with relief under Section 33 rejected. Case-Laws Law of Competition Wed, 05 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761953