Practice:Subject: Price –fixing Cartels in India.

In –text Questions. Q1. What does price-fixation mean? Q2. What are cartels? Q3. What are the harmful effects of price-fixing cartels?

Quiz: Choose the right answer. 1.	Godrej Company and Kelvinator Company entered into secret agreement to reduce cost price of single unit of Refrigerators by Rs 10000 in Eastern India. Their activity can be termed as (a) output restriction, (b) price-fixation, (c ) bid –rigging, (d) market allocation. 2.	Samsung and Videocon Company agreed to reduce supply of Television sets to Stores in South India for 2 months. Their activity can lead to (a) increase of prices, (b) decrease of prices, (c ) increase of choices, (d) decrease of choices. 3.	Competition Commission of India can (a) advise in respect of existing cartels, (b) give cease and desist orders, (c ) prevent cartels, (d) advise cartelists. Activity: 1.	Make a comparative study of decided cases on price fixation between years 2001 to 2003 in India and USA. At the end of it find out which Competition Agency had been more successful to combat cartels. 2.	In USA cartels have criminal consequences. In India cartels have civil consequences. Make a comparative study showing what were the punishments given in USA and India in respect of cartels between 2008 to 2009 whenever the offence had been proved. Assignment: 1.	Right a project report of successful cases handled by Monopolies and Restrictive Trade Practices Commission (MRTPC) in respect of price fixing cartels. 2.	Right a project report on the cases relating to price-fixation where MRTPC failed to establish the cartels in India in between 1980 to 1985.

End-term Questions: Q1. Airtel and Vodafone were alleged to have been involved in below cost pricing of cell phones between 2006 to 2007. One of the competitor in Mobile Phone services, that is Bharti complained before Competition Appellate Tribunal about the below cost pricing. Vodafone alleged that the right Forum should have been Telecom Dispute Settlement Appellate Tribunal and not Competition Appellate Tribunal. Draft a petition on behalf of both Bharti and also on behalf of Vodafone. (Marks 20)