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
Related Articles More
Baku climate talks: The ‘X’ factor that could determine future of Global South
Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial
Gautam Adani charged in US with USD 250 mn bribery, fraud
India’s GDP growth likely to slip at 6.5 pc, maintains 7 pc estimate for FY25: Icra
RBI cautions public about ‘deepfake’ video of governor being circulated on social media
MUST WATCH
Latest Additions
‘Nation First’ key to India’s progress, says President Murmu
Karnataka BJP chief Vijayendra slams Cong govt over Waqf notices to farmers, fund crunch
Priyanka joining forces with Rahul in Parliament will give ‘sleepless nights’ to BJP: Pilot
Man declared dead wakes up before cremation, 3 doctors suspended in Rajasthan
Teen stabs man to death at railway station in Mumbai after quarrel over local train seat
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.