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Hindustan Composites Ltd. held guilty of unfair trade practice for cartelising in composite brake blocks market

July 23, 2020[2020] 117 773 (CCI)

COMPETITION LAW: Where OPs had indulged in cartelisation in Composite Brake Blocks market in India by means of directly or indirectly determining prices, allocating markets, co-ordinating bid response and manipulating bidding process, which had an appreciable adverse effect on competition within India, they were guilty of contravention of provisions of section 3

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