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COMPETITION COMMISSION OF INDIA
Rise in Onion Prices, In re
SUO MOTU CASE NO.1 OF 2011, 1 of 2011
Decided On : 10-04-2012
ORDER
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Having re-examined the data submitted by the DG and taking cognizance of the various rigorous studies done on auction markets, closure of the case based on lack of evidence derived on inadequate or inappropriate functioning of agricultural markets is not appropriate. Investigation into agricultural markets and the scope for anti-competitive behavior starting with onion as a basic input to the common mans diet is imminent. This case is referred back for further investigation under Sec 26(7) of the Competition Act.
The Secretary may accordingly take necessary action.
