Unfair business practices by IOCL, BPCL, HPCL? See what CCI said
In an order, the fair trade regulator said "no case of contravention under Section 3 or Section 4 of the (Competition) Act" is made out against Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL).
While Section 3 pertains to anti-competitive agreements, Section 4 relates to abuse of dominant market position. Image source:PTI