Saturday, February 16, 2019

Cartelization among manufacturers and suppliers of batteries to control its price tantamounted to anti-competitive act

Competition Act: Where there was cartelization amongst OP-2 and OP-3, manufacturers and suppliers of zinc-carbon dry cell batteries in India to control its distribution and price causing loss to consumers and foreclosing competition, it was to be held that there was contravention of provisions of section 3 by OPs, hence, penalty was to be imposed on OPs and persons in-charge

from www.taxmann.com Latest Case Laws http://bit.ly/2SVOl91

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