India Glycols Limited v. Indian Sugar Mills Association & Ester India Chemicals Limited v Bajaj Hindusthan Limited & Jubilant Life Sciences Limited v Bharat Petroleum Corporation Limited & a B Sugars Limited v Indian Sugar Mills Association & Wave Distilleries and Breweries Limited v Indian Sugar Mills Association & Lords Distillery Limited v Indian Sugar Mills Association & Ors.
Case brief
What is this about?
The Commission set aside a prior Final Order that penalized sugar mills and associations for alleged bid-rigging in an ethanol tender. After analyzing evidence including meetings, call records, and price quotations, the Commission found insufficient proof of a conscious cartel, distinguishing independent pricing from anti-competitive conduct.
What did the court decide?
The matters are directed to be closed forthwith as no case of contravention of the provisions of the Act can be made out against any Opposite Party.