(a) whether the cement companies of the country have allegedly
increasing the prices of cement by resorting the cartelization;
(b) if so, the details of the said companies; and
(c) the action taken by the Government against such companies till date?
(a) whether the cement companies of the country have allegedly
increasing the prices of cement by resorting the cartelization;
(b) if so, the details of the said companies; and
(c) the action taken by the Government against such companies till date?
THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF CORPORATE
AFFAIRS (SHRI SACHIN PILOT)
(a) to (c) The Competition Commission of India has found 11 cement
companies and a Cement Manufacturers’ Association to be in contravention of
section 3(3)(a) and 3(3)(b) read with Section 3(1) of the Competition Act, 2002
pertaining to anti-competitive agreements and has imposed a penalty of
Rs. 6714.83 crore on them.