{"id":497713,"date":"2022-06-10T11:01:42","date_gmt":"2022-06-10T05:31:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497713"},"modified":"2022-06-10T12:26:06","modified_gmt":"2022-06-10T06:56:06","slug":"cci-penalises-seven-entities-for-bid-rigging-in-indian-railways-tenders","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cci-penalises-seven-entities-for-bid-rigging-in-indian-railways-tenders\/","title":{"rendered":"CCI penalises seven entities for bid-rigging in Indian Railways tenders"},"content":{"rendered":"<p>The Competition Commission of India (CCI) on Thursday slapped penalties of nearly Rs 30 lakh on seven entities, including individuals, for indulging in manipulation in the bidding process and cartelisation in the tenders floated by the Indian railways.<\/p>\n<p>The CCI found that seven entities have violated competition norms. Out of 7 entities, the fair trade regulator did not impose any penalty on one entity.<\/p>\n<p>Besides slapping penalties on certain entities, the watchdog has directed them to cease and desist from anti-competitive practices. <\/p>\n<p>The matter was taken up by the CCI following an application filed by one of the cartelising entities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India (CCI) on Thursday slapped penalties of nearly Rs 30 lakh on seven entities, including individuals, for indulging in manipulation in the bidding process and cartelisation in the tenders floated by the Indian railways. The CCI found that seven entities have violated competition norms. Out of 7 entities, the fair trade regulator did not impose any penalty on one entity. Besides slapping penalties on certain entities, the watchdog has directed them to cease and desist from anti-competitive practices. The matter was taken up by the CCI following an application filed by one of the cartelising entities.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,258,136],"tags":[],"class_list":["post-497713","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=497713"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497713\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}