CCI fines 10 companies & CMA for cartelization

The Competition Commission of India (CCI) has imposed a fine of Rs 6700 Crore on 10 cement companies and their associated Organization  – Cement Manufacturers Association (CMA) for cartelization. The CCI considered the matter after Competition Appellate Tribunal last December set aside its ruling and asked CCI to take-up case afresh.  The CCI has levied penalties on …

CCI fines 10 companies & CMA for cartelization Read More »