CCI found benchmark price fixing in debenture trusteeship services and directed the Trustees' Association of India, Axis Trustee Services and others to cease conduct.

India's competition regulator issued a cease and desist order against four trustee firms. These entities were found to have engaged in cartelization and coordinated fee fixing. …

CCI found benchmark price fixing in debenture trusteeship services and directed the Trustees' Association of India, Axis Trustee Services and others to cease conduct.