It all started when the BAI (Builders Association of India) lodged a complaint with CCI in July 2010, alleging restrictive trade practices & collusive price fixing in the Indian cement industry. The BAI’s charges were mainly against CMA & 10 major cement manufactur…
Showing posts with label Laws - Consumer. Show all posts
Showing posts with label Laws - Consumer. Show all posts
What is a Cement Cartel..!?
The Competition Commission of India (CCI) claims that cement companies in
India had been organising themselves in a cartel for a while now, colluding,
during industry body meetings, to fix production levels as well as the price of
a bag of cement - in this case doubling it …