Daily Archives: November 12, 2016

Competition Appellate Tribunal (COMPAT) orders investigation against producers of Hollywood movies-

COMPAT by its order dated November 9, 2016 has ordered investigation against 6 producers of Hollywood films for the allegedly forcing the a technology, called D-Cinema technology, for providing cinema screening under the auspices of Digital Cinema Initiatives, LLC, a joint venture between the 6 movie producers. In an information filed by K Sera Sera…

Competition Appellate Tribunal (COMPAT) sets aside penalty against GSK Pharmaceuticals Ltd. (GSK) and Sanofi Ltd.(Sanofi) for alleged bid-rigging in procurement of meningitis vaccine for Haj and Umrah pilgrims by Ministry of Health and Family Welfare

COMPAT by its order dated  November 8, 2016, has set aside the penalty imposed by CCI on GSK and Sanofi for being guilty of acting in contravention of Section 3 (3) (d) read with Section 3(1) of the Act and imposed penalty at the rate of 3% of their turnover of last three financial years.…