The Competition Commission of India finds that ten explosives manufacturers had collectively boycotted an electronic reverse auction for the procurement of explosives (Coal India)

SUMMARY In the Explosives Case, the Competition Commission of India (CCI) found that ten explosives manufacturers had collectively boycotted an electronic reverse auction conducted by Coal India Limited (CIL) for the procurement of bulk loading and cartridge explosives in breach of Section 3 of the Competition Act, 2002 (Competition Act). The CCI imposed a penalty on each of the manufacturers of 3% of the average of their last three years’ turnover. On an appeal by the manufacturers to the Competition Appellate Tribunal (COMPAT), COMPAT upheld the CCI order on its merits, but substantially reduced the level of fine. An appeal is now pending before the Supreme Court. Background: CIL filed an information with the Commission against the explosive manufacturers in February 2011,

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Shweta Shroff Chopra, The Competition Commission of India finds that ten explosives manufacturers had collectively boycotted an electronic reverse auction for the procurement of explosives (Coal India), 16 April 2012, e-Competitions Bulletin April 2012, Art. N° 57735

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