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PRICE COLLUSION ALLEGATIONS
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
West Bengal: ED raids premises in Kolkata, Burdwan in PDS 'scam' caseThe Enforcement Directorate (ED) on Saturday carried out raids at multiple locations in West Bengal as part of its money laundering investi...
India flips AB InBev from witness to target in antitrust probe, triggering court fightIndia's antitrust agency has shifted Anheuser-Busch InBev from a cooperating witness to a party under investigation in a cartel probe. The ...
Will machines take the fall? Firms operating in AI-enabled markets need to anticipate, govern and own competition risksAI is revolutionizing market operations, prompting competition authorities to recalibrate regulations around automated decisions. Businesse...
CCI raids paper mills in antitrust probe over supplies to schools body, sources sayIndia’s antitrust regulator, the Competition Commission of India (CCI), has carried out nationwide raids at six paper mills over alleged pr...
India raids ad giants GroupM, Dentsu and broadcasters body over price collusion: Sources sayThe Indian antitrust body has conducted raids on the offices of global advertising agencies, including GroupM, Dentsu, and Interpublic Grou...
India probe clears DHL, FedEx, UPS of price collusion allegations, document showsIndia's antitrust watchdog cleared DHL, UPS, and FedEx of price collusion allegations following a 2022 investigation. The Competition Commi...
Government probes DHL, FedEx, UPS for alleged antitrust practices, price collusionIndia's antitrust body, the Competition Commission of India (CCI), is investigating domestic units of global delivery companies, including ...
India antitrust agency raids some steel firms for alleged price collusion, say sourcesAmong those raided were Rungta Steel and Shyam Steel, the sources said, as officials from the Competition Commission of India (CCI) conduct...
CCI raids Associated Alcohols, Som Distilleries in price fixing probeThe Competition Commission of India (CCI) officials were conducting search and seizure operations across several cities and the case is abo...
CCI dismisses case of alleged cartelisation by 2 bidders in AIIMS tenderThe regulator had directed the director general (DG) to carry out an investigation after the matter originated from a complaint alleging ca...
Unfair business practices plaint against 4 rating companies dismissedThe Competition Commission of India (CCI) on Tuesday dismissed a complaint alleging that CRISIL, India Ratings and Research, CARE Ratings a...
CCI Raids 4 companies accused of rigging bids for FCI tarpaulinClimax Synthetics Private Ltd, Shivalik Agro Poly Products Ltd, Arun Manufacturing Services Private Ltd and Bag Poly International Ltd were...
Indian antitrust watchdog raids Glencore business, others over pulse prices: SourcesCCI was investigating that the cos formed a cartel to fix prices of pulses while importing and selling them in India market at higher price...
CCI dismisses complaint against 37 railway signalling cable suppliersThere was no violation of Section 3 of the Competition Act that pertains to anti-competitive agreements, the CCI observed while disposing o...
Cement is a cyclical commodity, no reason for consternation: Sanjay Ladiwala, Cement ExpertIn an interview with ET Now, Sanjay Ladiwala, cement expert, reacts to government's allegations of collusion to jack up prices and the outc...
Oil ministry denies RIL $1.8bn cost recoveryThe ministry of petroleum and natural gas disallowed cost recovery of $1.8 billion to RIL for underproduction of gas for 2012-13.
- The Competition Commission of India seems to have erred in its action against cement firms
The order simply glosses over the ground reality of hardening demand during 2005-08 that led to marked capacity addition with a lag.
- We were unfairly debarred by the World Bank: Nestor President
Recent reports about World Bank’s ban on Satyam Computers and Wipro have brought to light the plight of other Indian companies that were ha...