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…

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…

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…

A Type 2 error? NCLAT quashes CCI order punishing Hyundai for Resale Price Maintenance and Tying-in

A Type 2 error? NCLAT quashes CCI order punishing Hyundai for Resale Price Maintenance and Tying-in. The National Company Appellate Tribunal (“NCLAT/Tribunal ”) , in one of its few orders passed on appeals filed before it under the  Competition Act ,2002 (“the Act” ) , vide order dated 19.08.2018 , has set aside the  Competition…

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…

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…

CCI imposes penalty on Geep Industries for being a member of bilateral “ancillary” cartel

CCI imposes penalty on Geep Industries for being a member of bilateral “ancillary” cartel The Competition Commission of India vide order dated 30/08/18 imposed a penalty of Rs.9,64 06,682 on Geep Industries (India) Private limited for acting in violation of Section 3(3) read with Section 3(1) of the Competition Act, 2002. The case was initiated…

CCI imposes penalties on the Chemists’ Associations in State of Gujarat and three pharma companies for indulging in practice of “No Objection Certificate” before appointment of stockists

CCI imposes penalties on the Chemists’ Associations in State of Gujarat and three pharma companies for indulging in practice of “No Objection Certificate” before appointment of stockists The Competition Commission of India (“CCI”) by way of an order dated 12 July 2018 has imposed penalty on the Federation of Gujarat State Chemists and Druggists Association,…

CCI imposes penalty on broadcasting service providers for bid-rigging in tenders floated by Sports Broadcasters-decides its fourth leniency case

CCI decides its fourth leniency,  imposes penalty on broadcasting service providers for bid-rigging in tenders floated by Sports Broadcasters- By way of an order dated 11 July 2018, the Competition Commission of India (CCI)  imposed a penalty of INR 22.36 Crore on Essel Shyam Communication (Essel Syam) for bid-rigging in tenders floated by sports broadcasters,…

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…