Supreme Court of India 2nd landmark judgment on cartels in India –dismisses legalistic findings of CCI and COMPAT of bid rigging in tender floated by IOCL for LPG Cylinders- based on market conditions

Supreme Court of India delivers 2nd landmark judgment on cartels in India –dismisses legalistic findings of CCI and COMPAT of bid rigging in tender floated by IOCL for LPG Cylinders- based on market conditions   The Supreme Court of India (“Court”) vide its landmark judgment  dated 1.10.2018  has allowed the appeals by the 44 LPG…

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CCI Further amends combination regulations -minority acquisitions left untouched

CCI Further amends combination regulations -minority acquisitions left untouched The Competition Commission of India (‘CCI’) by way of a notification dated 09 October 2018 (“Notification”) has further amended the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (‘Combination Regulations’). Fortunately, based on strong opposition received from…

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CCI penalizes Italian MRI machine manufacturer for abusing dominance in sale of specialized MRI G Scan machines to domestic diagnostic Center – Chairman CCI dissents on market definition

CCI penalizes Italian MRI machine manufacturer for abusing dominance in sale of specialized MRI G Scan machines to domestic diagnostic Center – Chairman CCI dissents on market definition.    The Competition Commission of India (CCI/Commission) vide its order dated 27.09.2018 has imposed penalty on Italian world leader in dedicated Magnetic Resonance Imaging (MRI), Esaote S.p.A…

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CCI penalizes sugar mills in UP, Gujarat and AP for cartelizing in supply of ethanol to OMCs under the Ethanol Blending Programme-ignores market realities

CCI penalizes sugar mills in UP, Gujarat and AP for cartelizing in supply of ethanol to OMCs under the Ethanol Blending Programme-ignores market realities! The Competition Commission of India (CCI/Commission) vide order dated 18.09.2018 under Section-27 of the Competition Act, 2002 (the Act) has imposed heavy monetary penalties at 7% of their average relevant turnover…

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CCI introduces the concept of relevant period in market definition-DLF no longer found to be in dominant position in Gurgaon

CCI introduces the concept of relevant period in market definition-DLF no longer found to be in dominant position in Gurgaon   The Competition Commission of India vide two separate orders dated 31.08.2018 in Case no. 73/2014 and Case no. 84/2014 issued under Section 26(6) of the Competition Act,2002, has dismissed the allegations of abuse of…

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CCI penalizes Karnataka Film Chamber of Commerce for restricting releases of dubbed movies in Karnataka.

CCI penalizes Karnataka Film Chamber of Commerce (KFCC), Film Star Jagesh and Mr. Sa. Ra. Govindu (President of KFCC) for restricting releases of dubbed movies in Karnataka.   The Competition Commission of India ( CCI/Commission)  vide order dated 30.08.2018 imposed penalty of  Rs. 9,72 ,943/- on Karnataka Film Chamber of Commerce (KFFC) for acting in…

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CCI closes allegation of cartel against 37 suppliers of signaling cables to Indian Railways

CCI closes allegation of cartel against 37 suppliers of signaling cables to Indian Railways The Competition Commission of India (CCI/Commission ) by way of an order dated 12 July 2018 rejected the findings of  the Director General (DG) and closed the case against 37 signaling cable manufactures in relation to allegations of bid-rigging in eight…

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DELHI HIGH COURT REFUSES TO INTERFERE WITH CCI PRIMA FACIE ORDER POST INVESTIGATION

DELHI HIGH COURT REFUSES TO INTERFERE WITH CCI PRIMA FACIE ORDER POST INVESTIGATION   Delhi High Court vide a  recent judgement dated 09.03.2018 in a writ petition filed by Cadila Health Care has refused to interfere in a pending inquiry after the submission of the Director General’s (DG) investigation report .The High Court has provided clarity on…

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CCI imposes penalty of Rs. 1 Crore plus on GDA for abuse of dominant position

CCI imposes penalty of Rs. 1 Crore plus on Ghaziabad Development Authority for arbitrary increasing cost of EWS residential flats as abuse of its dominant position in Ghaziabad. The Competition Commission of India (CCI), acting on an information filed by an individual Satyendra Singh, vide its order dated 28.2.2018 has found Ghaziabad Development Authority (GDA/ Opposite Party-OP)…

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