Tagged “cartel”

Keshav Bihani v. CCI: NCLAT upholds the Railways polyacetal-tubes cartel penalty and clarifies Section 48 individual liability

NCLAT Principal Bench dismisses appeals against CCI's bid-rigging finding on the polyacetal protective-tubes suppliers to Indian Railways; reads 'punished accordingly' in Section 48(1) of the Competition Act 2002 (pre-2023 Amendment) to mean the individual penalty must match the enterprise penalty in scale, applied to the active partner's income.