Mere existence of price parallelism isn’t per se sufficient to hold parties liable for act of bid rigging

COMPETITION LAW : In a tender floated by informant for procurement of 'underpant woollen' for 9,95,073 pairs, OPs were lowest bidders in tenders - Informant alleged bid rigging/collusive bidding by OPs on ground that OPs quoted an identical rates and thus violated provision of section 3

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000315240/mere-existence-of-price-parallelism-isn’t-per-se-sufficient-to-hold-parties-liable-for-act-of-bid-rigging.aspx