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ARTICLE · 09 AUGUST 2017

The Excel Crop Case: Turnover vs. Relevant Turnover

Industrial manufacturing has grown with the rapid expansion of India's production market over the past twenty years.

IndiaAntitrust/Competition Law

Article by James Thomas Cox*

INTRODUCTION

Industrial manufacturing has grown with the rapid expansion of India's production market over the past twenty years. Some manufacturing companies, especially in the chemical industry, derived a significant portion of their revenue from governmental bids. These bids are often called for from one of several government agencies, and are received from only a handful of companies. With so few participants, collusive behavior has occurred on occasion with negative market effects. Recently, the Supreme Court ("SC") in "Excel Crop. Care Limited vs. Competition Commission of India and Ors."1confirmed a Competition Commission of India ("CCI") ruling that three Aluminum Phosphide Tablets ("APT") producers had participated in "bid rigging"2 in violation of Section 33 of the Competition Act, 2002 ("Act").

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