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Relatedness not proof of port tender collusion, Indian watchdog says

By Freny Patel ( March 5, 2025, 08:08 GMT | Insight) -- Cartel and bid-rigging allegations against three Indian companies under the same management — Aegis Logistics, Indus Petro Chem and Sea Lord Containers — involving a land lease tender have been dismissed by the Indian antitrust watchdog. The Competition Commission of India said in its order today that "merely being related to each other, without any evidence of likely collusion, cannot be a ground for investigation" under the 2002 Competition Act.Cartel and bid-rigging allegations against three Indian companies under the same management — Aegis Logistics, Indus Petro Chem and Sea Lord Containers — involving a land lease tender have been dismissed by the Indian antitrust watchdog....

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