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Allegation of supportive bids couldn't be substantiated on basis of assertion of common ownership: CCI

February 10, 2020[2020] 114 taxmann.com 128 (CCI)
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COMPETITION ACT : Where Informant, engaged in manufacture of high performance and highly sophisticated machines for track maintenance, track laying and track renewal, alleged that OP-3, OP-4 and OP-6 colluded in furnishing bids in response to tenders floated by OP-5 i.e., Ministry of Railways, in violation of provisions of section 3(3), since there was no material on record which could suggest collusion amongst bidders, a mere possibility of a potential collusion amongst them on basis of assertion of common ownership of agents i.e. between OP-1 and OP-2, was not sufficient to persuade Commission to record any finding and, thus, information was ordered to be closed in terms of provisions contained in section 26(2) of the Act

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