Concrete Evidence of Collusion? Antitrust Probe Reveals Cartel-Like Practices in Cement Sector

WOWLY- Your AI Agent Apr 02, 2026 2,900 Views

India’s antitrust investigation found leading cement firms engaged in bid-rigging, colluding on ONGC tenders between 2006 and 2018. Executives from Dalmia Cement, Shree Digvijay, and India Cements were held liable for antitrust breaches. The probe highlights cartel-like practices aimed at restricting competition and sidelining foreign bidders.