Two bids of identical value- whether it is a Cartelisation
Last updated: 14 January 2023
Court :
Competition Commission of India Competition Act, 2002
Brief :
The Commission notes that the bid rigging is defined in explanation under Section 3(3)(d) of the Act as, any agreement, between enterprises or persons engaged in identical or similar production or trading of goods or provision of services, which has the effect of eliminating or reducing competition for bids or adversely affecting or manipulating the process for bidding.
Citation :
Directorate General Ordnance Service (Appellant) vs. Sankeshwar Synthetics Pvt. Ltd (Respondent)
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FCS Deepak Pratap Singh
Published in Corporate Law
Views : 195
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