Mere existence of price parallelism isn’t per se sufficient to hold parties liable for act of bid rigging

COMPETITION LAW : In a tender floated by informant for procurement of ‘underpant woollen’ for 9,95,073 pairs, OPs were lowest bidders in tenders – Informant alleged bid rigging/collusive bidding by OPs on ground that OPs quoted an identical rates and thus violated provision of section 3COMPETITION LAW : In a tender floated by informant for procurement of ‘underpant woollen’ for 9,95,073 pairs, OPs were lowest bidders in tenders – Informant alleged bid rigging/collusive bidding by OPs on ground that OPs quoted an identical rates and thus violated provision of section 3www.taxmann.com Latest Case LawsRead More

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