The Competition Commission of India (CCI) dismissed AGI Greenpac Limited's allegations of excessive pricing and refusal to enter a tripartite agreement against Bhagyanagar Gas Limited.
The CCI found that price variations were due to distinct market conditions, tax structures and sourcing mechanisms, invalidating the excessive pricing claim.
The refusal to enter a tripartite agreement was deemed lawful, as Bhagyanagar Gas was not designated a “Common Carrier” under the PNGRB(Petroleum and Natural Gas Regulatory Board) Act.
The Commission concluded that disputes regarding pricing transparency and the Gas Supply Agreement (GSA) were contractual, not competition-related, closing the case under Section 26(2) of the Competition Act.
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