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Shared ownership doesn't prove cartel in army edible-oil tender: Indian watchdog

By Freny Patel ( February 10, 2025, 06:26 GMT | Insight) -- Shared ownership or directorship alone does not automatically imply anticompetitive conduct, the Indian watchdog ruled, dismissing allegations of bid rigging in a tender floated by the Amy Purchase Organization for edible oil. An investigation by the Competition Commission of India revealed that no evidence of bid rigging or collusion between Gokul Agro Resources and Gokul Agri International. The Army Purchase Organization had raised concerns about potential bid rigging in a 2024 tender due to the two companies' close and past association under the same management group.  Shared ownership or directorship alone does not automatically imply anticompetitive conduct, the Indian watchdog ruled, dismissing allegations of bid rigging in a tender floated by the Amy Purchase Organization for edible oil. ...

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