The Competition Commission has dismissed allegations of unfair business practices against state-owned Coal India Ltd (CIL) with regard to sale of coking coal.
The complaint filed by Jharkhand-based Industries and Commerce Association was also against Bharat Coking Coal Ltd (BCCL) and Coal Ministry, apart from CIL.
Disposing of the case against these entities, the fair trade regulator said in an order that “no case of contravention of the provisions of the (Competition) Act is made out” against them.
Industries and Commerce Association’s members, which are involved in the manufacture and sale of hard coke, were buying coking coal from BCCL under the distribution system of ‘linkage’ till the introduction of National Coal Distribution Policy in October 2007. Read More…