The Indian Competition Appellate Tribunal dismisses appeals filed by ten explosives manufacturers against the Competition Authority’s order finding them guilty of bid rigging, but reduces the penalty imposed by 90% (Explosives case)

SUMMARY The Competition Appellate Tribunal (COMPAT) dismissed the appeals filed by ten explosives manufacturers against the order of 16 April 2012 made by the Competition Commission of India (CCI) (the CCI Order), finding them guilty of bid-rigging. The COMPAT held that the collective boycott of the electronic reverse auction, conducted by Coal India Limited (CIL) for the procurement of bulk and cartridge explosives, was reprehensible and violated Section 3(3)(d) of the Competition Act, 2002 (Competition Act). However, while determining the amount of penalty, the COMPAT considered the various mitigating factors including the fact that it was the first contravention of the Competition Act by the explosives manufacturers, the collective boycott was implemented merely for postponement

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteur

Citation

Shweta Shroff Chopra, The Indian Competition Appellate Tribunal dismisses appeals filed by ten explosives manufacturers against the Competition Authority’s order finding them guilty of bid rigging, but reduces the penalty imposed by 90% (Explosives case), 18 avril 2013, e-Competitions April 2013, Art. N° 57737

Visites 236

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues