Submission of bids by opposite parties through a common internet protocol amounted to collusive bidding: CCI

COMPETITION LAW : Where in a tender floated by GAIL for restoration of well site locations in a GAIL operated block, OP bidders submitted their bids from a common internet protocol, and, e-mail dump of OPs had also revealed that OPs were in regular touch with each other during relevant period, when tender was issued, it could be concluded that OPs were indulged in collusive bidding, thus, OPs and their office bearers were directed to cease and desist from indulging in such practicesCOMPETITION LAW : Where in a tender floated by GAIL for restoration of well site locations in a GAIL operated block, OP bidders submitted their bids from a common internet protocol, and, e-mail dump of OPs had also revealed that OPs were in regular touch with each other during relevant period, when tender was issued, it could be concluded that OPs were indulged in collusive bidding, thus, OPs and their office bearers were directed to cease and desist from indulging in such practiceswww.taxmann.com Latest Case LawsRead More

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