Competition Commission has rejected allegations of unfair business practices made against 37 railway signalling cable suppliers even as it suggested that procurement policy of the Indian Railways should be re-assessed to ensure accountability of entities participating in the tendering process.

In a 49-page order, the watchdog said "no case of contravention" of competition norms has been found and disposed of the matter.

There was no violation of Section 3 of the Competition Act that pertains to

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jul 17 2018 | 9:40 PM IST

Next Story