Friday, May 29, 2020

Merely having common directors is not basis to suggest collusion in bidding process, rules CCI

COMPETITION LAW : Mere commonality of directors or ownership of participating firms, in itself, is not sufficient to record any primafacie conclusion about bid rigging in absence of any material indicating collusion amongst such bidders while participating in a tender. Thus, merely having common directors cannot be basis to suggest collusion in bidding process.

from www.taxmann.com Latest Case Laws https://ift.tt/2M8t335

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