COMPAT sets aside CCI order penalizing Jute Mills Association for alleged cartelization for packaging material for sugar, etc.

COMPAT by its order dated July 1, 2016 has over-ruled the order of CCI wherein the Indian Jute Mils Association (IJMA) and Gunny Trade Association (GTA) were penalized for alleged cartelization in pricing of jute bags. It was alleged that the jute manufacturers have acquired a monopoly position as a result of the circular of…

CCI: Mere collusion or coordination is not enough to hold the Parties in contravention of the provisions of the Competition Act

Competition Commission of India, by way of its order dated June 28, 2016 held that M/s Ruchi Soya Industries Ltd. ,M/s Betul Oils Ltdand M/s Ganganagar Commodity Ltd. were not in  contravention of the provisions of sections 3 and 4 of the Act as alleged by Shri Nirmal Kumar Manshani (Informant). The Informant stated that…

CCI to investigate Mahyco Monsanto for abuse of dominance in charging royalties for

The Competition Commission of India (CCI) by way of its order dated June 9, 2016 directed the Director General (‘DG’)   to investigate Mahyco Monsanto Biotech (I) Limited, Monsanto Holdings Private Ltd., Monsanto Inc., U.S.A. and Maharashtra Hybrid Seeds Company Ltd. (collectively called as “Opposite parties”) pursuant to an information filed by Kaveri Seed Company ltd,…

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 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…