CCI issues cease and desist order against firms found guilty of bid rigging
CCI issues cease and desist order against firms found guilty of bid rigging

CCI issued an order against eight firms which were found to have indulged in anti-competitive agreements. The case was initiated on the basis of a reference filed on behalf of the Eastern Railway. These firms have indulged in bid-rigging and cartelization in the supply of Axle Bearings. CCI refrained from imposing any monetary penalty considering the firms were MSMEs and were affected financially in the wake of COVID-19.

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