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CCI accuses Indian cement industry of antitrust violations

08 August 2022, Published under Cement News

The investigations arm of the Competition Commission of India (CCI) has held top leadership of Holcim, ACC and Ambuja cement, market leader UltraTechCement   and 17 other firms,   such as Shree Cement and Dalmia Cement liable for antitrust violations.  The investigation report, issued last month and seen by Reuters, is the penultimate but most significant stage of the CCI probe that started in 2019. The report, which is not public, will now be reviewed by CCI's top three officials who ha...