New Delhi, Sep 24 (PTI) Appellate tribunal NCLAT has upheld fair trade regulator CCI’s cease & desist order against three firms for cartelisation and bid rigging in the soil testing tenders floated by the Government of UP in 2018.

The Competition Commission of India (CCI) had in April 2022 found that three firms — Austere Systems, Toyfort and Fimo Infosolutions — which were related concerns through family as well as business relationships, made concerted efforts and rigged the bids in soil testing tenders for Meerut and Jhansi divisions.

The appellate tribunal had agreed with CCI’s findings that they had a common objective to ensure that Austere Systems wins those tenders. The commission said bids submitted by Toyfort and Fimo Infosolutions were not submitted with the intention to compet

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