The Indian Competition Authority validates input prices fixing by state-owned oil marketing companies and oligopsony granted under state's policies (Indian Oil / Bharat Petroleum / Hindustan Petroleum)

Mathur, Harshita

Previous article The Italian Supreme Administrative Court holds that appointment of a lawyer for litigation is not subject to public procurement rules (Tonelli) Next article The New York Appellate Court rejects NY Attorney General’s challenge of alleged minimum resale price maintenance (RPM) scheme, holding that New York state statute does not render RPM agreements illegal per se and that restrictions that merely relate to minimum advertised prices do not constitute RPM agreements (Tempur-Pedic)

9 May 2012

The Indian Competition Authority validates input prices fixing by state-owned oil marketing companies and oligopsony granted under state’s policies (Indian Oil / Bharat Petroleum / Hindustan Petroleum)

KEYWORDS

Reference

Indian Competition Authority, Indian Oil / Bharat Petroleum / Hindustan Petroleum, N. 1/23 (C-97/2009/3IR), 9 May 2012,

"Though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary" [1] A. BACKGROUND On May 9th, 2012, the Competition Commission of India cleared three Public Sector Undertakings (PSUs) [2] of charges of cartelization and anti-competitive practices alleged by M/s Royal Energy Ltd, (the informant), a manufacturer of bio-diesel. As indicated in the National Policy on Bio-fuels (NBP) the Government aimed at mainstreaming of bio-fuels to increasingly substitute petrol and diesel with an indicative target of 20% blending of bio-fuels by 2017 and to that end, under the Bio-fuel Purchase Policy (BPP) [3] the government authorized oil marketing companies (OMCs) to buy biodiesel

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

Harshita Mathur
Indian Administrative Service

3 contributions 7308 visits

Quotation

Harshita Mathur, The Indian Competition Authority validates input prices fixing by state-owned oil marketing companies and oligopsony granted under state’s policies (Indian Oil / Bharat Petroleum / Hindustan Petroleum), 9 May 2012, e-Competitions May 2012, Art. N° 49634

Visites 241