The Indian Competition Authority fines 48 LPG cylinder manufacturers for engaging in bid-rigging in a tender for supply to oil corporation (IOCL)

SUMMARY In tendering for the supply of LPG cylinders to the Indian Oil Corporation Ltd., 48 manufacturers were found by the CCI to have quoted identical or similar rates, and to have bid collectively for particular territories, after reaching an agreement between themselves. The CCI fined each of the parties 7% of their average annual turnover. The case is currently under appeal before the Competition Appellate Tribunal. Background: Whilst investigating an earlier case involving LPG gas cylinders, the Director General (DG) of the Competition Commission of India (CCI) concluded that there were strong indications of an agreement amongst bidders to manipulate the bidding process for LPG cylinders. The CCI took up the case of its own motion and, after concluding that a prima facie case

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Shweta Shroff Chopra, The Indian Competition Authority fines 48 LPG cylinder manufacturers for engaging in bid-rigging in a tender for supply to oil corporation (IOCL), 24 février 2012, e-Competitions February 2012, Art. N° 57752

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