Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers    </title>
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-PTI


&nbsp;


The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.





The competition watchdog imposed the penalty after..."/>
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-PTI


&nbsp;


The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.





The competition watchdog imposed the penalty after..." />
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The competition watchdog imposed the penalty after finding them guilty of manipulating the bids and quoting &quot;identical rates in groups through an understanding and collusion action&quot;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ruling was based on the findings of the CCI's Director General (Investigations).</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">&quot;Considering the totality of facts and circumstances of the present case and the seriousness of the contravention, the Commission decides to impose a penalty on each of the contravening company at the rate of 7 per cent of the average turnover of the company,&quot; CCI said in its order.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At present, only 37 large players out of 48 entities control the supply and act as a cohesive group making it difficult for new players to enter the market, CCI said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Moreover, it added, &quot;...Supply at higher prices would definitely impact the Indian Oil Corporation Ltd and end consumers adversely.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CCI took cognizance of the case following submission of an investigation report by the Director General in a case relating to gas cylinder supply on a complaint by the Indian Oil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;In that case it was reported by the DG that in a tender floated by IOC for the supply of 105 lakh 14.2 KG capacity LPG cylinders with SC valves, the manufacturers of LPG cylinders had manipulated the bids and quoted identical rates in groups through an understanding and collusion action,&quot; it said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Indian Oil invites bids for empty LPG cylinders from private players. Then cylinders are filled at the company's facilities and dispatched for retailing.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on" class="re" target="_blank">The Business Standard, 24 February, 2012, http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on</a><div class="clear"></div>
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        LATEST NEWS UPDATES | CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers    </title>
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-PTI


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The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.





The competition watchdog imposed the penalty after..."/>
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-PTI


&nbsp;


The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.





The competition watchdog imposed the penalty after..." />
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    <h1 class="cat-box-title">CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers</h1>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The competition watchdog imposed the penalty after finding them guilty of manipulating the bids and quoting &quot;identical rates in groups through an understanding and collusion action&quot;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ruling was based on the findings of the CCI's Director General (Investigations).</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">&quot;Considering the totality of facts and circumstances of the present case and the seriousness of the contravention, the Commission decides to impose a penalty on each of the contravening company at the rate of 7 per cent of the average turnover of the company,&quot; CCI said in its order.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At present, only 37 large players out of 48 entities control the supply and act as a cohesive group making it difficult for new players to enter the market, CCI said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Moreover, it added, &quot;...Supply at higher prices would definitely impact the Indian Oil Corporation Ltd and end consumers adversely.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CCI took cognizance of the case following submission of an investigation report by the Director General in a case relating to gas cylinder supply on a complaint by the Indian Oil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;In that case it was reported by the DG that in a tender floated by IOC for the supply of 105 lakh 14.2 KG capacity LPG cylinders with SC valves, the manufacturers of LPG cylinders had manipulated the bids and quoted identical rates in groups through an understanding and collusion action,&quot; it said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Indian Oil invites bids for empty LPG cylinders from private players. Then cylinders are filled at the company's facilities and dispatched for retailing.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on" class="re" target="_blank">The Business Standard, 24 February, 2012, http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on</a><div class="clear"></div>
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        LATEST NEWS UPDATES | CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers    </title>
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-PTI


&nbsp;


The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.





The competition watchdog imposed the penalty after..."/>
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-PTI


&nbsp;


The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.





The competition watchdog imposed the penalty after..." />
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    <h1 class="cat-box-title">CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers</h1>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The competition watchdog imposed the penalty after finding them guilty of manipulating the bids and quoting &quot;identical rates in groups through an understanding and collusion action&quot;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The ruling was based on the findings of the CCI's Director General (Investigations).</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">&quot;Considering the totality of facts and circumstances of the present case and the seriousness of the contravention, the Commission decides to impose a penalty on each of the contravening company at the rate of 7 per cent of the average turnover of the company,&quot; CCI said in its order.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At present, only 37 large players out of 48 entities control the supply and act as a cohesive group making it difficult for new players to enter the market, CCI said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Moreover, it added, &quot;...Supply at higher prices would definitely impact the Indian Oil Corporation Ltd and end consumers adversely.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CCI took cognizance of the case following submission of an investigation report by the Director General in a case relating to gas cylinder supply on a complaint by the Indian Oil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;In that case it was reported by the DG that in a tender floated by IOC for the supply of 105 lakh 14.2 KG capacity LPG cylinders with SC valves, the manufacturers of LPG cylinders had manipulated the bids and quoted identical rates in groups through an understanding and collusion action,&quot; it said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Indian Oil invites bids for empty LPG cylinders from private players. Then cylinders are filled at the company's facilities and dispatched for retailing.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on" class="re" target="_blank">The Business Standard, 24 February, 2012, http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on</a><div class="clear"></div>
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Home हिन्दी

CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers

Published on Feb 25, 2012   Modified on Feb 25, 2012

-PTI   The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11. The competition watchdog imposed the penalty after finding them guilty of manipulating the bids and quoting "identical rates in groups through an understanding and collusion action". The ruling was based on the findings of the CCI's Director General (Investigations).   "Considering the totality of facts and circumstances of the present case and the seriousness of the contravention, the Commission decides to impose a penalty on each of the contravening company at the rate of 7 per cent of the average turnover of the company," CCI said in its order. At present, only 37 large players out of 48 entities control the supply and act as a cohesive group making it difficult for new players to enter the market, CCI said. Moreover, it added, "...Supply at higher prices would definitely impact the Indian Oil Corporation Ltd and end consumers adversely." The CCI took cognizance of the case following submission of an investigation report by the Director General in a case relating to gas cylinder supply on a complaint by the Indian Oil. "In that case it was reported by the DG that in a tender floated by IOC for the supply of 105 lakh 14.2 KG capacity LPG cylinders with SC valves, the manufacturers of LPG cylinders had manipulated the bids and quoted identical rates in groups through an understanding and collusion action," it said. Indian Oil invites bids for empty LPG cylinders from private players. Then cylinders are filled at the company's facilities and dispatched for retailing.

The Business Standard, 24 February, 2012, http://www.business-standard.com/india/news/cci-imposes-rs-165-cr-penalty48-lpg-cylinder-makers/158849/on

Tagged with: Law and Justice Inflation

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