The Indian Competition Authority fines 51 LPG manufacturers for cartelization in withdrawing bids but does not rise the judgment to bid rigging (Hindustan Petroleum Corporation)

CCI Imposes Penalty on LPG Gas manufacturers for Cartelization in Bidding Process in tenders floated by HPCL IN 2011* By way of order dated 09.08.2019, the Competition Commission of India (“CCI/Commission”) has imposed penalty on 51 LPG manufacturers for collectively withdrawing their bids from a tender floated by Hindustan Petroleum Corporation Ltd (“HPCL”) for procurement of 14.2 Kg LPG cylinders in 2011. The case was initiated suo moto on the basis of an anonymous letter dated 25.04.2013 by which the CCI was informed that there was an alleged cartel operating in the tenders floated by HPCL. E-tender No. 11000083-HD-12001 (“Tender No.1”) was floated by HPCL on 28.10.2011 for supply of 45, 00,000 14.2 Kg LPG cylinders, under a two bid system (technical and price bids), to its depots in

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Man Mohan Sharma, The Indian Competition Authority fines 51 LPG manufacturers for cartelization in withdrawing bids but does not rise the judgment to bid rigging (Hindustan Petroleum Corporation), 9 August 2019, e-Competitions August 2019, Art. N° 93258

Visites 24

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues