Thursday, November 25, 2021

Quotation of higher price as compared to price quoted in previous tender didn’t amount to anti-competitive practice : CCI

COMPETITION ACT : Where informant, an NGO, alleged that in a tender floated by Public Health Engineering Department for installation and commissioning of RO in State of Rajasthan, OPs quoted high prices as compared to prices quoted by them in previous tender for similar work, indicating some cartelization amongst Ops since, allegation of informant did not prima facie disclose existence of any concerted action on part of OPs in submitting bids,

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000317161/quotation-of-higher-price-as-compared-to-price-quoted-in-previous-tender-didn’t-amount-to-anti-competitive-practice-cci.aspx

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