date:Sep 20, 2018
enerated by the sugar mills from the sale of ethanol only.
The penalty was imposed by the Commission at the rate of seven percent of the average relevant turnover of the sugar mills. However, penalty at the rate od 10 percent of the average receipts was imposed upon the trade associations, viz ISMA and EMAI, keeping in view the key role they played in facilitating bid rigging.
The Order of the Commission was passed in Case Numbers 21, 29, 36, 47, 48 and 49 of 2013, and a copy thereof has been