The Indian Competition Authority approves its first leniency application and reduces by 75% fine imposed on applicant in bid-rigging case (Pyramid Electronics / Kanwar Electricals / Western Electric and Trading Company)

Competition Commission of India (CCI) decides its first application for leniency in Cartels* CCI by its order dated January 18, 2017 decided its first leniency application in favour of the applicant by reducing the fine imposed by 75%. The application was filed on 10 March 2015 by one of the cartel members in a bid-rigging case in relation to allegation of bid-rigging in supply of brush-less DC fans and other electrical items to the Railways. During the investigation, Shri Sandeep Goyal, partner of one of the opposite parties (M/s

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  • Vaish Associates, Advocates (New Delhi)

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Man Mohan Sharma, The Indian Competition Authority approves its first leniency application and reduces by 75% fine imposed on applicant in bid-rigging case (Pyramid Electronics / Kanwar Electricals / Western Electric and Trading Company), 18 January 2017, e-Competitions Bulletin January 2017, Art. N° 87591

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