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News Builders Association of India cleared to challenge alleged cement cartel

Builders Association of India cleared to challenge alleged cement cartel

Written by Global Cement staff 27 September 2022
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India: A court has ruled that the Builders Association of India (BAI) is an interested party, and thus able to complain to the Competition Commission of India (CCI), over alleged cement sector cartelisation leading to cement price rises. BusinessLine Online News has reported that the BAI believes high Southern Indian prices to be unaccountable except as an outcome of cartelisation.

The CCI launched its on-going cement cartel investigation in 2019.

Last modified on 28 September 2022
Published in Global Cement News
Tagged under
  • India
  • Competition Commission of India
  • Builders Association of India
  • Cartel
  • Price
  • GCW576

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