CCI found 8 firms guilty of bid rigging & cartelization in Eastern Railway tenders

Rakesh Khare Vs Krishna Engineering Works (Competition Commission of India) CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway The Competition Commission of India (CCI) issued a final order today against eight firms which were found to have contravened the provisions of Sections 3(3)(a) and 3(3)(d) of the Competition Act, 2002 (‘the Act’) read with Section 3(1), which proscribe anti-competitive agreements. The case was initiated on the basis of a reference filed on behalf of the Eastern Railway. CCI found thes...