https://www.taxtmi.com/caselaws?id=762019 The CCI found that a joint tender issued by oil marketing companies for an ethanol blending programme was a common procurement exercise undertaken for operational efficiency under government control, with no evidence of price-fixing, supply restriction or market foreclosure, so no anti-competitive conduct was established. It also held that alleged cartelisation, bid-rigging and quantity allocation among sugar mills and their associations were not proved because meetings, call records, identical bids and price similarity did not complete the evidentiary chain and lacked credible plus factors. For the associations and related entities, no independent concerted action or substantiated participation was shown, so liability under the Act was not established and the proceedings were closed. en-us Mon, 22 Jul 2024 00:00:00 +0530 Fri, 22 Nov 2024 07:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762019 The CCI found that a joint tender issued by oil marketing companies for an ethanol blending programme was a common procurement exercise undertaken for operational efficiency under government control, with no evidence of price-fixing, supply restriction or market foreclosure, so no anti-competitive conduct was established. It also held that alleged cartelisation, bid-rigging and quantity allocation among sugar mills and their associations were not proved because meetings, call records, identical bids and price similarity did not complete the evidentiary chain and lacked credible plus factors. For the associations and related entities, no independent concerted action or substantiated participation was shown, so liability under the Act was not established and the proceedings were closed. Case-Laws Law of Competition Mon, 22 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762019