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…

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 upholds CCI order dismissing abuse of dominance allegation against Delhi International Airport Limited (DIAL)-

COMPAT by its order dated April 12, 2016 has upheld order of CCI which had dismissed allegations of abuse of dominance by DIAL in charging licence fee from airlines using the space allotted to them at Indira Gandhi International Airport, New Delhi. The Information was filed in CCI by Airline Operators Committee alleging abuse of…

Competition Commission of India (CCI) to investigate global hybrid seeds giant Monsanto for abuse of dominance in relation to alleged excessive and discriminatory royalties for Bt cotton seeds-

Comment- This CCI order raises an important issue which places the manner of enforcement of intellectual property rights in India vis-à-vis the competition law under question. The CCI order gives a prima facie impression as if the CCI is entering into the domain of fixation of royalties for sub-licensing of Bt. cotton seed patents, but…

Central Government notifies revised thresholds for Merger Control and extends Exemptions

The Ministry of Corporate Affairs, Govt. of India has made important revisions to the merger control regime in India. The following three Notifications were published in the Gazette of India on March 4, 2016. THRESHOLDS FOR NOTIFICATION REVISED– Through the first Notification, the Central Government has increased thresholds, both assets and turnover, for any transaction…

COMPAT upholds order of CCI closing bid-rigging case against railway suppliers of Axle Mounted Disk Braking System (ADBMS)-

Competition Appellate Tribunal (COMPAT) by its order dated February 17, 2016 has upheld the order of CCI closing the case for bid-rigging for supply of  Axle Mounted Disk Braking System (ADBMS) to Indian Railways. In the instant  case, the investigation related to quoting of identical prices in three emergency purchase tenders by the opposite parties, M/s…

CCI approves acquisition of 49.86% stake in Sabarmati Gas Limited(SGL) by PSU petroleum companies –

CCI, by its order dated February 10, 2016, has approved acquisition of 49.86% stake in SGL by Gujarat State Petroleum Corporation Limited (“GSPC”); Gujarat State Petronet Limited (“GSPL”); and Bharat Petroleum Corporation Limited (“BPCL”).The stake proposed to be acquired in currently being held by India Infrastructure Development Fund (“IIDF”), India Infrastructure Fund (“IIF”) and IFCI…