The Indian Competition Authority imposes penalties on companies for price-fixing through circulation of daily price bulletins amongst themselves and limitation of supply (Indian Sugar Mills)

Guest Post From India: “Of Price Bulletins and Dawn Raids”* Trade associations seem to be the flavor of the day for the CCI these days. Less than 4 days after passing an order fining the Chemists and Druggists Association, Goa, the Competition Commission of India (the “CCI”) has imposed penalties on the Indian Jute Mills Association (“IJMA”), the Gunny Trade Association (“GTA”) and the individuals responsible for their running for indulging in: a) price fixing of jute packaging material through circulation of daily price bulletins amongst themselves; and b) limiting and controlling the supply of jute packaging material. The complaint was brought by the Indian Sugar Mills Association (“ISMA”)

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Avinash Amarnath, The Indian Competition Authority imposes penalties on companies for price-fixing through circulation of daily price bulletins amongst themselves and limitation of supply (Indian Sugar Mills), 31 October 2014, e-Competitions October 2014, Art. N° 70345

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