Wednesday, October 3, 2018

Parallel pricing simpliciter wouldn’t lead to conclusion that there was concerted practice under CCI

CCI : Where there was no sufficient evidence to hold that there was any agreement between appellant suppliers of Liquified Petroleum Gas Cylinders to Indian Oil Corporation for bid rigging and appellants had been able to discharge onus that parallel behaviour was not result of any concerted practice, orders of lower Authorities holding appellants guilty were to be set aside

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000184294/parallel-pricing-simpliciter-wouldn’t-lead-to-conclusion-that-there-was-concerted-practice-under-cci.aspx

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