this stage we cannot say anything. We will see if we need to examine it further."
In 2012, a study instituted by the CCI found there were clear imperfections, including cartelisation and hoarding, which impact the price of onions. The study was conducted by the Bangalore-based Institute for Social and Economic Change.
"Results of seasonal indices, correlations, daily, monthly arrivals, their prices, etc, indicated existence of anti-competitive elements in the onion markets.
"A few big traders having well-connected networks with market intermediaries in other markets seem to play a major role in hoarding for expected high prices," the study had found.