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Corporate Law

Mere common business linkages between bidders not sufficient to prove bid rigging

Case Law Details

Case Name
Virendra Kumar Singh Vs Nandal Finance & Leasing Private Limited (Competition Commission of India)
Date of Judgement/Order
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Advertisement Virendra Kumar Singh Vs Nandal Finance & Leasing Private Limited (Competition Commission of India) As regards the allegation of interconnection between the bidders on the basis that one of the directors is common in the group companies of both the Opposite Parties, the Commission, in the facts and circumstances of the instant case, observes that merely having common directors/partners may not, ipso facto, give rise to anti-competitive concerns, in the absence of other material factors to indicate that such common relationship facilitated a few entities to come together and...
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