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The Times of India

Business

PTI

CCI directs 8 MSMEs to cease and desist from unfair business practices

CCI MSME MSMEs Competition Commission India New Delhi

NEW DELHI: The Competition Commission on Tuesday directed eight firms and some of their officials to cease and desist from unfair business practices but refrained from imposing penalties on them in a case related to cartelisation in bidding for an Indian railways tender.

It was alleged that the firms quoted identical bids in the tender floated for axle bearings which is used for certain railway coaches. The tender was floated by the Eastern Railway.

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