CCI slaps penalties on 3 entities for bid rigging activities


PTI, Mar 18, 2021, 3:07 PM IST

New Delhi: Competition Commission has slapped penalties on three entities and certain individuals for rigging bids for a tender floated by Pune Zilla Parishad for procuring sewing machines.

The regulator found that there was an agreement between three suppliers to rig the bids in respect of a tender floated by Pune Zilla Parishad for procurement of Picofall-cum-Sewing Machine.

Quoting of bid prices which were very close to each other with a difference of just a few rupees by the bidders for the impugned tender was not a mere coincidence, but a result of consensus/ understanding among the bidders, Competition Commission of India (CCI) said in a release on Thursday.

“A holistic assessment of bid prices of the bidders coupled with other plus factors viz single IP address, coordination in other tenders, call data record, mobile location, etc. is conclusive of an agreement amongst the bidders to fix price, resulting in rigging the bids in the impugned tender of Pune Zilla Parishad,” it added.

The watchdog has imposed a penalty of Rs 10 lakh each on the suppliers — Klassy Computers, Nayan Agencies and Jawahar Brothers — for the anti-competitive conduct.

“A penalty of Rs 10,000 each was imposed upon each of the individuals of Jawahar Brothers… The other two bidders are sole proprietorship concerns and thus, no separate penalty is being imposed upon their respective proprietors,” the release said.

Further, these suppliers have been directed to cease and desist from anti-competitive practices.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Indian boxer Mandeep Jangra wins WBF’s world title

IOA submits ‘Letter of Intent’ to host 2036 Olympics in India

CBDT allows tax officials to waive or reduce interest due from assessee

Like UP, bring BJP to power in Jharkhand to ‘bulldoze’ mafia: Yogi at Koderma poll rally

Govt asks Wikipedia why it should not be treated as publisher instead of intermediary

Karnataka HC issues notice to CM, others on plea seeking transfer of MUDA case to CBI

SC upholds validity of UP madrassa law, says it does not violate principle of secularism

Related Articles More

CBDT allows tax officials to waive or reduce interest due from assessee

Markets fall in early trade amid unabated foreign fund outflows

New software for fast-tracking project approvals: Karnataka Minister Patil

In-flight passengers can access WiFi services only when allowed, say new rules

SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Indian boxer Mandeep Jangra wins WBF’s world title

IOA submits ‘Letter of Intent’ to host 2036 Olympics in India

CBDT allows tax officials to waive or reduce interest due from assessee

Like UP, bring BJP to power in Jharkhand to ‘bulldoze’ mafia: Yogi at Koderma poll rally

Govt asks Wikipedia why it should not be treated as publisher instead of intermediary

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.