India : Prior competition clearance in Insolvency Resolution Process now mandatory – step towards “ease of doing business” The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) has been often cited as one of the key economic reform of the present government . Undoubtedly the new enactment resulted in large corporate entities queuing up…
CCI dismisses allegations of refusal to deal by chemists in West Bengal -closes case against Cipla and Macleods and Bengal Chemists & Druggists Association at prima facie stage Competition Commission of India (“CCI/Commission”), by way of two separate orders dated 10.05.2019 and 23.05.2019, has exonerated Bengal Chemist and Druggist Association (“BCDA”) (in both cases) and…
CCI finds no case of abuse of dominance against Oriental Insurance Company for lack of market power The Competition Commission of India (“CCI/Commission”) by way of order dated 10.05.2019, has exonerated Oriental Insurance Company Limited (“Oriental”) against allegations of abuse of dominant position in the market for provision of fire insurance services. Background The information was…
CCI dismisses complaint of bid rigging by Eastern Railways against Laxven and Medha Servo in procurement of Microprocessor systems By way of its order dated 02.01.2019, the Competition Commission of India (“CCI/Commission) has exonerated M/s Laxven Systems (“Laxven”) and M/s Medha Servo Drives Pvt. Ltd (“Medha”) of allegations of bid rigging in the…
CCI holds neither Flipkart nor Amazon as dominant in the market for online marketplace platforms- Hints at considering online market as a separate market for market analysis CCI, by way of order dated 06.11.2018 has dismissed allegations against Flipkart India Private Limited (“Flipkart India”) and Flipkart Internet Private Limited (“Flipkart Internet”) of abusing its…
CCI fails to appreciate a new market concept; exonerates Sana Realtors of abuse of dominance in real estate market The Competition Commission of India (“CCI/Commission”) vide its order dated 23.04.2019 exonerated M/s Sana Realtors Private Limited (“Sana Realtors”) against allegations of abuse of dominant position in the real estate market. Background- SOHO market? It was…
Delhi High Court settles constitutional challenges to the Competition Act, 2002- refuses to grant substantive relief to Car makers -sends them back to NCLAT for deciding on merits. The High Court of Delhi by its common judgement dated 10.04.2019, has disposed of 12 Writ petitions filed by 10 noted car manufacturers ( BMW, MERCEDES BENZ,…
Supreme Court allows CCI appeal against JCB -permits material seized during dawn raid to be used as evidence The Supreme Court vide order dated 15.01.2019 has allowed an appeal preferred by the Competition Commission of India (“CCI”) challenging the order dated 02.06.2016 of the Delhi High Court (DHC) which restrained the Director General of Competition…
CCI imposes penalty on Godrej and Boyce for being a member of bilateral “ancillary” cartel The Competition Commission of India (“CCI/ Commission”) vide order dated 15.01.2019 imposed a penalty of Rs. 85, 01,364/-on Godrej and Boyce manufacturing Co. Limited (“Godrej”) for acting in violation of Section 3(3) read with Section 3(1) of the Competition Act,…
CCI dismisses complaint of Cupid against Ministry of Health & Family Care and the Central Procurement Agency in purchase of male condoms in India The Competition Commission of India (“CCI/Commission”) vide order dated 26.12.2018 under Section 26(2) of the Competition Act,2002 (“the Act”) , has dismissed allegations of abuse…
