the case of supplies to the government with a view to jacking up prices. Such efforts are usually made clandestinely. However, in a recent case of supply of transmission towards some electricity boards, not only was a cartel formed quite openly and an agreement reached among the "suppliers not to quote below a floor price, but the whole venture was justified as being in the national interest.
To read the full text Login
New 3 Month Subscription
to Digital Archives at
₹826for India
$50for overseas users
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.