CCI imposes a penalty on bidders for bid-rigging tender floated by SBI for installation of signages for ATMs across India

COMPETITION LAW : Where OP-bidders had indulged in concerted practices by way of exchange of commercial information to rig tender floated by SBIIMS for supply and installation of new signages and replacement of existing signages for SBI branches and ATMs across India, as well as geographically allocated amongst themselves circles for which tender was issued, they were guilty of contravention of provisions of section 3(1) read with section 3(3)(a), hence,COMPETITION LAW : Where OP-bidders had indulged in concerted practices by way of exchange of commercial information to rig tender floated by SBIIMS for supply and installation of new signages and replacement of existing signages for SBI branches and ATMs across India, as well as geographically allocated amongst themselves circles for which tender was issued, they were guilty of contravention of provisions of section 3(1) read with section 3(3)(a), hence,www.taxmann.com Latest Case LawsRead More

Leave a Reply