Cement companies under cartel cloud again
Fair trade regulator MRTPC has again pulled up cement manufacturers for cartelisation, this time in a case related to Jabalpur, Madhya Pradesh in 2000-01. ACC, Laffarge, Grasim, Jaypee, Prism, L&T and three more cement makers have been found guilt...
By PTI |
NEW DELHI: Fair trade regulator MRTPC has again pulled up cement manufacturers for cartelisation, this time in a case related to Jabalpur, Madhya Pradesh in 2000-01. ACC, Laffarge, Grasim, Jaypee, Prism, L&T and three more cement makers have been found guilty by the regulator.
In its order, MRTPC said that the producers, through the Cement Manufacturers Association (CMA), ���acted in concert��� to raise prices. The regulator ordered the manufacturers to refrain from fixing the selling prices of cement in the market.
In its order, MRTPC said that the producers, through the Cement Manufacturers Association (CMA), ���acted in concert��� to raise prices. The regulator ordered the manufacturers to refrain from fixing the selling prices of cement in the market.
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