India antitrust probe links Tata, JSW to steel cartel via WhatsApp chats, production data

India's Competition Commission is investigating major steel firms for alleged price fixing and production cuts. Reports reveal WhatsApp chats and internal documents pointing to collusion between Tata Steel, JSW Steel, SAIL, and RINL. These companies, controlling a significant market share, are accused of coordinating pricing strategies and reducing supplies between 2018 and 2023.

from Industry-Economic Times https://ift.tt/Qb2V8hT
via IFTTT