HomeNewsBusinessCCI raids cement companies on price cartelisation allegations

CCI raids cement companies on price cartelisation allegations

In 2016, CCI had fined some cement companies Rs 6,700 crore over cartelisation.

December 09, 2020 / 18:03 IST
Story continues below Advertisement

Competition Commission of India has conducted searches at offices of at least four cement companies, sources told Moneycontrol.

Searches were conducted at offices of cement companies as CCI suspected them of running a price cartel.

Story continues below Advertisement

In 2016, CCI had fined some cement companies Rs 6,700 crore over cartelisation.

 

Tarun Sharma
first published: Dec 9, 2020 06:02 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!