Suo Motu Case No. 04 of 2014 of In Re: Formation of cartel in the supply of 14.2 kg Lpg cylinders fitted with S. C. valves procured by Hpcl through e-Tender No.10000040-HD-121001 dated 04.08.2010 v. Prathima Industries Pvt. Ltd. & Others.
Case brief
What is this about?
The Competition Commission investigated alleged cartelization in LPG cylinder supply responding to an HPCL tender. Despite evidence of identical bids and common agents, the Commission decided not to proceed against Prathima Industries, noting the monopsony nature where the buyer controls prices.
What did the court decide?
Commission decided not to proceed against Prathima Industries; liability of officers under Section 48 was dismissed.