📉 Cartelisation Alert in Indian Cement Industry: CCI Steps In 📉
The Competition Commission of India (CCI) has launched an investigation into alleged cartelisation by two of India’s largest cement producers—UltraTech Cement and Dalmia Cement.
The accusation? Collusion to limit production and control prices, potentially undermining fair market practices and harming consumer interests.
But what exactly is cartelisation?
It’s when dominant players secretly agree to manipulate supply, fix prices, and stifle competition—forming a virtual monopoly or duopoly. Such practices can:
Hurt consumers through inflated prices,
Discourage innovation,
Block new entrants,
Undermine market fairness.
India established the CCI in 2003 under the Competition Act, 2002, with the goal of promoting healthy competition and preventing anti-competitive practices across sectors. From regulating M&As to monitoring abuse of dominance, CCI plays a pivotal role in keeping markets open, fair, and efficient.
The outcome of this investigation could have broader implications for regulatory integrity, market transparency, and consumer protection in India’s core industries.
Let’s watch this space for updates.
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