CCI issues cease and desist order against these MSMEs involved in bid rigging, cartelization in Railways tender

Ease of doing business for MSMEs: The Competition Commission of India (CCI) on Tuesday issued cease and desist order against eight MSMEs found guilty of bid rigging and cartelization in tender floated by Eastern Railway from 2015 to 2019. CCI said the companies were involved in cartelization in the supply of axle bearings to Eastern Railway through directly or indirectly determining prices, allocating tenders, coordinating bid prices and manipulating the bidding process.