COMPAT sets-aside penalty of INR 1,773 Crores penalty on Coal India Limited (CIL) by CCI

Competition Appellate Tribunal (COMPAT)  by its order dated May 17, 2016 has set aside CCI’s order dated April 15, 2014 wherein CCI had imposed penalty of Rs. ,773 Crores on  Coal India Limited for imposing unfair and discriminatory conditions in its fuel supply agreements with various customers. COMPAT considered whether the orders passed by CCI are…

COMPAT sets-aside penalty imposed by CCI on 12 suppliers to ordnance factories for indulging in cartelization for supplying raw material that is used for manufacturing of 81 mm bomb-

COMPAT by its order dated May 10, 2016 has set-aside the order of CCI whereby  it had imposed a penalty to the tune of INR 3 crores, on 12 suppliers for indulging in cartelization for supplying “CN containers with disc” used for manufacturing of 81 mm bomb. The CCI had asked the 12 suppliers to “cease…

Vaish Associates holding a webinar on CCI interventions in Pharma Sector on 13th May, 2016

  WEBINAR: IMPLICATIONS OF CCI INTERVENTIONS IN PHARMA SECTOR Day and Date:  Friday, 13th May, 2016 Time: 04:00 P.M. to 6.00 P.M. (IST) CLICK HERE TO REGISTER FOR THE WEBINAR- The Competition Commission of India’s (CCI) has recently levied penalty of  INR 74.63  Crores on a major pharmaceutical company for refusing to appoint a stockiest in Kerala unless a “No…

COMPAT upholds CCI Order holding that IndiGo’s predatory recruitment of Air India’s trained pilots is not a competition issue but an employment issue-

COMPAT by its order dated April 29, 2016 has upheld the CCI order dated February 10, 2016 refusing to intervene in the matter of predatory recruitment of Air India’s trained pilot against InterGlobe Aviation Limited. (IndiGo) In its order, the CCI rejected Air India’s allegations against IndiGo for the violation of section 3(3) (b) and…

CCI penalizes General Electric (GE) for failure to notify its proposed acquisition of equity stakes in Alstom-

Competition Commission of India (CCI) by its order dated February 16, 2016 has penalized GE Energy Europe B.V., GE and GE Industrial France SAS (collectively, the “Acquirers”) for failure to notify a proposed combination in terms of Section 6(2)(b) of the Competition Act, 2002(Act) read with Regulation 5(8) of the Competition Commission of India(Procedure in…

COMPAT sets-aside penalty imposed on All India Motor Transport Con-gress (AIMTC) for alleged increases of transport rates in collusion

COMPAT by its order dated April 18, 2016 has set-aside the order of CCI where AIMTC was penalized for allegedly exhorting truck transporters for increasing prices of transportation  by 15% following an increase of diesel price by INR 5/Ltr on 13 April 2012. In the present case, an information was filed by Indian Foundation of…

Competition Appellate Tribunal (COMPAT) sets-aside penalty on Jungle Boot suppliers for alleged bid rigging for supplies to Paramilitary Forces, State Police, Railways, etc.

COMPAT by its order dated April 12, 2016 has set-aside the penalty imposed on suppliers of Polyester Blended Duck Ankle Boot Rubber Sole (Jungle Boots) against allegations of bid-rigging. The suppliers have been engaged in the  supply of jungle boots to the Armed Forces under the rate contracts awarded by the  Director General (Supplies and…