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NCLAT upholds CCI order levying penalty on Cement Company for cartelization charges

July 28, 2018[2018] 95 310 (NCL-AT)

Competition Act: Where cement companies due to their co-ordinated behaviour had reduced production and dispatches of cement across all sectors during a period when demand from construction sector was positive resulting in increase in prices, penalty imposed upon them for cartelization was to be upheld

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