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\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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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\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

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 317cr fine on 3 firms for collusive bidding    </title>
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-PTI





Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;





The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel..."/>
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-PTI





Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;





The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel..." />
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		 Published on</span><span class="text-date"> Apr 24, 2012</span>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">ALP tablets are used by the FCI for preserving its central pool of foodgrains.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">United Phosphorus has been asked to pay up Rs 252.44 crore, Excel Crop - Rs 63.90 crore and Sandhya Organics Chemicals - Rs 1.57 crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its order, the Competition Commission of India (CCI) said it has found companies entering into anti- competitive agreement and that their &quot;acting together and quoting identical prices has deprived FCI of competitive bid rates in manner of procuring ALP tablets&quot;.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Commission also directed the companies to 'cease and desist' from engaging in practices of manipulating process of bidding in any manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">CCI had investigated the matter after receiving reference from FCI which alleged that such cartel among manufacturers was leading to rise in cost of procurement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FCI had also alleged that since the companies were &quot;quoting identical rates under an anti-competitive agreement or understanding, the very purpose of floating tenders was defeated.&quot;&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It also said that as a result of the anti-competitive agreement of the ALP manufacturers, the price of the tablets has nearly doubled during 2007 to 2009.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Meanwhile, shares of United Phosphorus was trading at Rs 120.50, down 5.53 per cent in the afternoon session on the BSE.&nbsp;</div>                                                           
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        LATEST NEWS UPDATES | CCI imposes Rs 317cr fine on 3 firms for collusive bidding    </title>
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-PTI





Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;





The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel..."/>
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-PTI





Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;





The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel..." />
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    <h1 class="cat-box-title">CCI imposes Rs 317cr fine on 3 firms for collusive bidding</h1>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">ALP tablets are used by the FCI for preserving its central pool of foodgrains.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">United Phosphorus has been asked to pay up Rs 252.44 crore, Excel Crop - Rs 63.90 crore and Sandhya Organics Chemicals - Rs 1.57 crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its order, the Competition Commission of India (CCI) said it has found companies entering into anti- competitive agreement and that their &quot;acting together and quoting identical prices has deprived FCI of competitive bid rates in manner of procuring ALP tablets&quot;.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Commission also directed the companies to 'cease and desist' from engaging in practices of manipulating process of bidding in any manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">CCI had investigated the matter after receiving reference from FCI which alleged that such cartel among manufacturers was leading to rise in cost of procurement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FCI had also alleged that since the companies were &quot;quoting identical rates under an anti-competitive agreement or understanding, the very purpose of floating tenders was defeated.&quot;&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It also said that as a result of the anti-competitive agreement of the ALP manufacturers, the price of the tablets has nearly doubled during 2007 to 2009.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Meanwhile, shares of United Phosphorus was trading at Rs 120.50, down 5.53 per cent in the afternoon session on the BSE.&nbsp;</div>                                                           
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        LATEST NEWS UPDATES | CCI imposes Rs 317cr fine on 3 firms for collusive bidding    </title>
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-PTI





Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;





The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel..."/>
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-PTI





Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;





The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel..." />
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    <h1 class="cat-box-title">CCI imposes Rs 317cr fine on 3 firms for collusive bidding</h1>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">ALP tablets are used by the FCI for preserving its central pool of foodgrains.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">United Phosphorus has been asked to pay up Rs 252.44 crore, Excel Crop - Rs 63.90 crore and Sandhya Organics Chemicals - Rs 1.57 crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its order, the Competition Commission of India (CCI) said it has found companies entering into anti- competitive agreement and that their &quot;acting together and quoting identical prices has deprived FCI of competitive bid rates in manner of procuring ALP tablets&quot;.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Commission also directed the companies to 'cease and desist' from engaging in practices of manipulating process of bidding in any manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">CCI had investigated the matter after receiving reference from FCI which alleged that such cartel among manufacturers was leading to rise in cost of procurement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FCI had also alleged that since the companies were &quot;quoting identical rates under an anti-competitive agreement or understanding, the very purpose of floating tenders was defeated.&quot;&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It also said that as a result of the anti-competitive agreement of the ALP manufacturers, the price of the tablets has nearly doubled during 2007 to 2009.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Meanwhile, shares of United Phosphorus was trading at Rs 120.50, down 5.53 per cent in the afternoon session on the BSE.&nbsp;</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/news/economy/policy/cci-imposes-rs-317cr-fine-on-3-firms-for-collusive-bidding/articleshow/12850950.cms" class="re" target="_blank">The Economic Times, 24 April, 2012, http://economictimes.indiatimes.com/news/economy/policy/cci-imposes-rs-317cr-fine-on-3-firms-for-collusive-bidding/articleshow/12850950.cms</a><div class="clear"></div>
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CCI imposes Rs 317cr fine on 3 firms for collusive bidding

Published on Apr 24, 2012   Modified on Apr 24, 2012

-PTI Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).  The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.  ALP tablets are used by the FCI for preserving its central pool of foodgrains.  United Phosphorus has been asked to pay up Rs 252.44 crore, Excel Crop - Rs 63.90 crore and Sandhya Organics Chemicals - Rs 1.57 crore.  In its order, the Competition Commission of India (CCI) said it has found companies entering into anti- competitive agreement and that their "acting together and quoting identical prices has deprived FCI of competitive bid rates in manner of procuring ALP tablets".  The Commission also directed the companies to 'cease and desist' from engaging in practices of manipulating process of bidding in any manner.  CCI had investigated the matter after receiving reference from FCI which alleged that such cartel among manufacturers was leading to rise in cost of procurement.  FCI had also alleged that since the companies were "quoting identical rates under an anti-competitive agreement or understanding, the very purpose of floating tenders was defeated."  It also said that as a result of the anti-competitive agreement of the ALP manufacturers, the price of the tablets has nearly doubled during 2007 to 2009.  Meanwhile, shares of United Phosphorus was trading at Rs 120.50, down 5.53 per cent in the afternoon session on the BSE.

The Economic Times, 24 April, 2012, http://economictimes.indiatimes.com/news/economy/policy/cci-imposes-rs-317cr-fine-on-3-firms-for-collusive-bidding/articleshow/12850950.cms

Tagged with: Law and Justice

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