CCI closes case of price parallelism in tender floated by BPCL for procuring LPG cylinders

COMPETITION LAW: Where there was allegation of cartelization by manufacturers of 14.2 kg. LPG cylinders in response to e- tender floated by BPCL and there was a finding of price parallelism by some of parties in investigation report, case was to be closed considering nature of market as disclosed in Rajasthan Cylinders and Containers Ltd. v. Union of India [2018] 98 taxmann.com 6 (SC)COMPETITION LAW: Where there was allegation of cartelization by manufacturers of 14.2 kg. LPG cylinders in response to e- tender floated by BPCL and there was a finding of price parallelism by some of parties in investigation report, case was to be closed considering nature of market as disclosed in Rajasthan Cylinders and Containers Ltd. v. Union of India [2018] 98 taxmann.com 6 (SC)www.taxmann.com Latest Case LawsRead More

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