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Home / Questions / Q 89522
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H.P.Dubey

H.P.Dubey

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In 2012, the Competition Commission of India (CCI) had slapped a mammoth penalty of Rs 6,307 crore on cement manufacturing companies, What is the case

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3 Answers

  1. eAnswers Team

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    Added an answer on May 28, 2018 at 6:16 am

    Yes, in 2012 the competition commission of India (CCI) had slapped a mammoth penalty of Rs. 6, 307 crore on cement manufacturing companies, as they found that companies such as UltraTech, Ambuja and ACC are guilty of making forming cartel through which they had limited, controlled and also attempted to control the production and price in the market in India.

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  2. eAnswers Team

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    Added an answer on May 28, 2018 at 6:16 am

    Yes, in 2012 the competition commission of India (CCI) had slapped a mammoth penalty of Rs. 6, 307 crore on cement manufacturing companies, as they found that companies such as UltraTech, Ambuja and ACC are guilty of making forming cartel through which they had limited, controlled and also attempted to control the production and price in the market in India.

    • 0

  3. eAnswers Team

    View Profile
    Added an answer on May 28, 2018 at 6:16 am

    Yes, in 2012 the competition commission of India (CCI) had slapped a mammoth penalty of Rs. 6, 307 crore on cement manufacturing companies, as they found that companies such as UltraTech, Ambuja and ACC are guilty of making forming cartel through which they had limited, controlled and also attempted to control the production and price in the market in India.

    • 0

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