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    Cement Cartel Case

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    sdj32
    The Competition Commission of India imposed a large fine on 11 cement companies in 2012 for cartelization. The CCI found that the cement companies regularly met to fix prices, control market share, and restrict supply in order to earn illegal profits. The companies were fined over 63 billion rupees for anti-competitive practices in the cement industry.

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    Cement Cartel Case

    Uploaded by

    sdj32
    185 views1 page
    The Competition Commission of India imposed a large fine on 11 cement companies in 2012 for cartelization. The CCI found that the cement companies regularly met to fix prices, control market share, and restrict supply in order to earn illegal profits. The companies were fined over 63 billion rupees for anti-competitive practices in the cement industry.

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    A CASE ON CEMENT CATEL

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    The Competition Commission of India imposed a large fine on 11 cement companies in 2012 for cartelization. The CCI found that the cement companies regularly met to fix prices, control market share, and restrict supply in order to earn illegal profits. The companies were fined over 63 billion rupees for anti-competitive practices in the cement industry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    185 views1 page

    Cement Cartel Case

    Uploaded by

    sdj32
    The Competition Commission of India imposed a large fine on 11 cement companies in 2012 for cartelization. The CCI found that the cement companies regularly met to fix prices, control market share, and restrict supply in order to earn illegal profits. The companies were fined over 63 billion rupees for anti-competitive practices in the cement industry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
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    Cement cartel case

    In June 2012, CCI imposed a fine of 63.07 billion (US$1.0 billion) 11 cement companies for cartelisation. CCI claimed that cement companies met regularly to fix prices, control market share and hold back supply which earned them illegal profits

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