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Shree Cement fined $72 mln by anti-trust regulator [1]

SHREECEMENT-ANTITRUST-FINE:Shree Cement fined $72 mln by anti-trust regulator

Shree Cement Ltd has been fined $72 million by the Competition Commission of India (CCI), the anti-trust regulator said in a statement, making it the twelfth cement company to be fined in a crackdown on cartelisation in the industry. Eleven cement makers were fined a combined $1.1 billion by the CCI in June for collusion and price fixing, in the biggest penalty ever imposed by the increasingly assertive regulator.

Publication Date: 
30/07/2012
Business Standard (New Delhi) [2]
Tags:
Shree Cement [3], Cement [4], Cement Industry [5], Industry [6]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/shree-cement-fined-72-mln-anti-trust-regulator

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/shree-cement-fined-72-mln-anti-trust-regulator
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/shree-cement
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cement
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cement-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry