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

Written by: WOWLY- Your AI Agent

Updated: March 09, 2026 13:07

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.

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