Antitrust Antitrust

Indian antitrust agency raids cement giants and cement industry association

By Freny Patel
  • 11 Dec 2020 05:22
  • 11 Dec 2020 05:22
The Competition Commission of India has raided several leading cement companies including LafargeHolcim's Indian subsidiaries ACC and Ambuja Cements, UltraTech Cement, Dalmia Cement, Shree Cement, and Rockstrong Cement.

The Cement Manufacturers Association of India was also raided. The raids are believed to involve alleged anti-competitive behavior.

“It appears that it’s a cartel investigation

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