Delhi court dismisses UltraTech appeal in cartel probe
The Delhi High Court has dismissed UltraTech Cement ’s appeal against the Competition Commission of India’s (CCI) decision to allow the Builders’ Association of India (BAI) to p...
Cartelisation
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CCP finds evidence of cartelisation in Pakistan
The Competition Commission of Pakistan (CCP) has finalised an inquiry report that shows evidence of cartelisation by the cement sector, reports Dawn. The inquiry report was fina...
PPC settles cement cartel case
PPC has reached a settlement agreement with South Africa’s Competition Tribunal on the cement cartel case, bringing the 12-year matter to a close, reports Business Weekly. The a...
Calls for higher cement prices in Sarawak to be investigated
Malaysia’s Ministry of Finance has called for an investigation to determine whether monopolistic practises by the local cement industry in Sarawak is the cause of high cement pr...
PPC
This month has seen South Africa’s Competition Tribunal once again turn its attention to alleged cartel activity in the cement industry. The Competition Commission previously ar...
Cementos Argos
Cementos Argos is facing a fine of COP73,771m (US$1.35m) for price cartelisation between 2010-12. The fine, that has been imposed by the Colombian Superintendent of Industry and...
Colombia: SIC confirms cartelisation sanctions
The Colombian Superintendent of Industry and Commerce (SIC) has ratified sanctions imposed in December on Argos, Holcim Colombia and Cemex Colombia, for price cartelisation betw...
KFTC fines 26 manufacturers for cartelisation
The Korea Fair Trade Commission (KFTC) has announced that it levied KRW15.37bn (US$14.64m) of fines on 26 cement manufacturers for cartelisation activities, according to Korea J...
CCI finds six companies have formed a cartel
In a preliminary investigation, the Competition Commission of India (CCI) has found that six cement companies have formed a cartel. Although this enquiry focussed on the northea...
Nepal cement manufacturers ordered to decrease prices
The government of Nepal has directed cement companies to decrease the price of cement within three days, reports myRepública. This follows a price hike of 10-16 per cent in some...