Tweet 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…
DetailsTweet NCLAT upholds the highest penalty imposed by CCI on cement cartel The National Company Law Appellate Tribunal (NCLAT) by way of a judgement dated 25 July 2018 has upheld the penalty imposed by the Competition Commission of India (CCI) on 11 cement companies for cartelization. The CCI in its order dated 31 August 2016…
DetailsTweet CCI imposes penalty on South Asia LPG Company Ltd for abuse of dominant position- a classic case of denial of essential facility The Competition Commission of India (CCI) by an order dated 11 July 2018, has imposed penalty of INR 19.2 Crore on South Asia LPG Company Ltd (‘SALPG’) , a joint venture between…
DetailsTweet Competition Commission clearance in Insolvency Resolution Process in India – Do the acquirers have a choice? The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) in India has resulted in large corporate entities queuing up to acquire distressed companies and their assets, put on block following initiation of IBC proceedings. Acquisition of a…
DetailsTweet CCI PENALIZES BATTERY MANUFACTURERS’ ADMITTED CARTEL -DECIDES ITS SECOND LENIENCY CASE Competition Commission of India (CCI) by an order dated 19 April 2018, in its second decision on a leniency application, has awarded a 100 (One Hundred) per cent reduction in penalty to the leniency applicant, Panasonic Energy India Co. Ltd (“Panasonic”)…
DetailsTweet DELHI HIGH COURT REFUSES TO INTERFERE WITH CCI PRIMA FACIE ORDER POST INVESTIGATION Delhi High Court vide a recent judgement dated 09.03.2018 in a writ petition filed by Cadila Health Care has refused to interfere in a pending inquiry after the submission of the Director General’s (DG) investigation report .The High Court has provided clarity…
DetailsTweet CCI imposes penalty on domestic Airlines for price-fixing in air cargo operations The Competition Commission of India (“CCI”) vide order dated 07.03.2018 has imposed penalty on three domestic airlines, namely, Jet Airways (India) Ltd (‘Jet Airways’), InterGlobe Aviation Limited (‘IndiGo Airlines’) and SpiceJet Limited (‘SpiceJet’) (collectively ‘OPs’) amounting to INR 39.81 Crore, INR 9.45…
DetailsTweet CCI imposes penalty of Rs. 1 Crore plus on Ghaziabad Development Authority for arbitrary increasing cost of EWS residential flats as abuse of its dominant position in Ghaziabad. The Competition Commission of India (CCI), acting on an information filed by an individual Satyendra Singh, vide its order dated 28.2.2018 has found Ghaziabad Development Authority (GDA/ Opposite…
DetailsTweet GOOGLE INDIA CCI imposes penalty of Rs. 136 Crores on Google for abuse of dominant position- The Indian anti-trust regulator, the Competition Commission of India (“CCI/ Commission”) seems to have let Google off with just…
DetailsTweet CCI imposes highest penalty in terms of profit on a hard core cartel for coal liaisoning services for supply of coal to seven thermal power stations of Maharashtra State Power Generation Co. Ltd. The Competition Commission of India (CCI) vide its order dated January 10, 2018 has exposed a cartel of three top…
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