CCI Dismisses Bid-Rigging & Price-Fixing Allegations Against Sugar Mills in Ethanol Market

India Glycols Ltd. & Ors. Vs Indian Sugar Mills Association & Ors. (Competition Commission of India) In 2013, India Glycols Ltd. and several other companies filed complaints against sugar mills and associations, including the Indian Sugar Mills Association (ISMA) and the National Federation of Co-operative Sugar Factories (NFCSF), alleging anti-competitive practices. These complaints arose after the Indian government mandated Oil Marketing Companies (OMCs) to sell Ethanol Blended Petrol (EBP), leading to a joint tender for ethanol procurement. Key Allegations: Price fixation and bid-r...