The Competition Commission of India (CO) has imposed a penalty of Rs. 18-crore on the Bengal Chemists and Druggist Association (BCDA) for restricting the supply of essential medicines and abusing its dominant position. The fair trade regulator also directed the BCDA and its office-bearers and executive committee members to "seize and desist" from indulging in anti-competitive practices. In its order, CCI said, "The commission is of the view that the said anti-competitive acts and conducts require to be penalised to cause deterrence in future among the erring entities engaged in such actions. Accordingly, it is required that the de- gree of punishment is scaled to the severity of the violation."
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