The CCI discovered that TAI had determined in March 2021 that members wouldn’t value their companies under a typical benchmark. It additionally discovered that the Affiliation monitored quotations and threatened motion towards trustees that didn’t adhere to the prescribed charges.
Considerably, the Fee famous that the Affiliation’s members had beforehand mentioned whether or not widespread pricing might quantity to cartelisation.
“The truth that within the assembly dated 06.06.2019, it was mentioned whether or not the fixing of pricing may very well be construed as cartelisation beneath the Act, the truth is reveals that OP-1 and its members had been additionally conscious of the provisions of the Act, and regardless of there being considerations of contravention of these provisions, they went forward with the identical.”
