Members of the “disorganized” trucking industry in India are facing an investigation by the Competition Commission of India after the antitrust authority learned that the All India Motor Transport Congress, a union in the industry, allegedly told its members to raise freight charges by up to 15 percent in response to an increase in gas prices last September. The AIMTC is barred from asking its truckers to increase fares by the Monopolies and Restrictive Trade Practices Commission. The complaint was first issued by the Indian Foundation of Transport Research and Training. In response, one AIMTC official said that the 15 percent increases were not a request for the union’s truckers to raise prices, but rather a “projection” of cost increases. AIMTC claims to be the largest union in the trucking sector, which overall has about six million vehicles in operation.
Full Content: Business Line
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
New UK Legislation to Combat Ticket Resale and Algorithmic Price-Fixing
Jan 12, 2025 by
CPI
Supreme Court Justices Grill TikTok’s Lawyer in National Security Case
Jan 12, 2025 by
CPI
FTC, DOJ Weigh Antitrust Issues in Musk’s OpenAI Case
Jan 12, 2025 by
CPI
UK Trial Begins as Apple Defends App Store Fees in £1.5 Billion Case
Jan 12, 2025 by
CPI
Italy to Retain Full Control of Data in Potential Deal with Musk’s Starlink
Jan 12, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand