The Competition Commission of India (CCI) on Thursday issued an order against Nair Coal Services Pvt. Ltd., Karam Chand Thapar and Bros (CS) Ltd. and Naresh Kumar and Co. Pvt. Ltd. for rigging bids and dividing market by forming hardcore cartel in respect of tenders floated by Maharashtra State Power Generation Co. Ltd.(MAHAGENCO) for procuring coal liasoning services.
Fair-trade regulator CCI today dismissed allegations of abuse of dominance against Maharashtra State Power Generation Company with regard to qualification criteria for the bidders provided by the state utility in its tender.
Paving the way for mega mergers in the oil & gas sector, the Ministry of Corporate Affairs announced on Thursday that mergers and acquisition deals involving public-sector oil & gas companies have been exempted from requiring mandatory approvals from the Competition Commission of India (CCI).
The Competition Commissiontoday ordered a fresh investigation against state-owned GAIL (India) for alleged abuse of dominant position with regard to supply of natural gas.
Fair trade regulator CCI today rejected allegations of anti-competitive practices made against state-owned CIL with respect to spot e-auction of coal. Rejecting the complaint, Competition Commission of India (CCI) said none of the terms cited in the complaint with regard to the spot e-auction scheme of coal “appears to be unfair or discriminatory”.
Coal India may once again appeal to the Competition Appellate Tribunal (COMPAT) against the `591-crore penalty imposed by the Competition Commission of India (CCI) on it last week.
Fair trade regulator CCI has concluded that the proposed merger between Dow Chemical Company and DuPont is likely to have an “appreciable adverse impact on competition”.
The Competition Commission has approved the acquisition of power transmission business of Anil Ambani-led Reliance Infrastructure by Adani group firm Adani Transmission.
The Competition Commission of India (CCI) on Thursday found three electrical firms guilty of anti-competitive agreements for bid rigging of tenders floated by Indian Railways.