COMPAT vide order dated December 09, 2016 has upheld CCI order dated July 10, 2015 passed under section 27 of the Act against Public Sector Insurance Companies for bid-rigging while reducing the penalty from Rs. 671 Crores to Rs. 2 Crores calculated as per the relevant turnover of the product in question. On the issue…
In an important and path breaking order the Competition Appellate Tribunal (COMPAT) vide order dated December 9, 2016 has upheld the earlier order dated August 25, 2014 passed by the Competition Commission of India (CCI), whereby it has held that Ford India Pvt. Ltd, Nissan Motor India Pvt. Ltd and Toyota Kirloskar Motor Pvt. Ltd…
COMPAT vide order dated December 07, 2016 while setting aside the order dated July 28, 2016 of CCI has quashed the penalty of Rs 73 Crores imposed on Lupin Ltd. (“Lupin”) and its two officials for alleged anticompetitive agreement between Lupin and the Karnataka Chemists and Druggists Association (KCDA) for refusal to supply drugs to…
COMPAT vide order dated December 07, 2016 while setting aside the order dated July 28, 2016 of CCI has quashed the penalty of Rs 73 Crores imposed on Lupin Ltd. (“Lupin”) and its two officials for alleged anticompetitive agreement between Lupin and the Karnataka Chemists and Druggists Association (KCDA) for refusal to supply drugs to…
Competition Appellate Tribunal (COMPAT) by its order dated December 9, 2016 has set aside the orders dated 19.2.2013, 09.12.2013 passed by the Competition Commission of India (CCI) and allowed the 3 appeals filed by All India Organization of Chemists and Druggists (AIOCD) quashing the penalties imposed by CCI on AIOCD and its office bearers for…
