The Indian Competition Authority closes an investigation into an alleged cartel conduct by road construction firms (Uttar Pradesh Road Construction Cartel)

KEY POINTS Mere commonality of ownership of participating firms is not sucient to conclude bid rigging in the absence of any material indicating collusion. BRIEF FACTS Based on an audit report by Comptroller and Auditor General (“CAG”) on construction management in road works in Uttar Pradesh (“U.P.”), (“Audit Report”), the CCI took suo motu cognizance of the potential bid rigging

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