On 22 September, 2014, the Director General, Competition Commission of India (“CCI”), conducted its first-ever ‘dawn-raid’ at the premises of M/s JCB India Ltd., an Indian subsidiary of a UK based construction company (“JCB”). According to news reports, the raid was conducted due to JCB’s alleged non cooperation in the process of investigation by the…
On December 19 2011 the Delhi High Court issued its decision in Jindal Steel & Power Ltd v Union of India. Concurrently, it disposed of a miscellaneous application filed by the Steel Authority of India Ltd (SAIL) in response to a writ petition filed by Jindal Steel & Power Ltd (JSPL), dealing with a dispute…
The Department of Telecommunications is seeking government exemption for the telecommunications sector from the ambit of the Competition Act 2002(Act). The move was triggered after the Competition Commission raised concerns over plans to allow automatic clearance of certain mergers and acquisitions for mobile phone companies. In December 2011 the Telecommunications Commission cleared a proposal by…
Recently, after the competition watchdog-Competition Commission of India (CCI) raised concerns over the telecom ministry’s plans to allow mergers and acquisitions (M&As) if the combined market share of merged mobile phone companies was up to 35% but less than 60%, the Telecom department has reportedly approached the Union Cabinet seeking exemption under the purview of…
In the wake of economic liberalization and widespread economic reforms introduced in India since 1991 and in its attempt to march from a “Command and Control” regime to a regime based on free market principles, India replaced its archaic Monopolies and Restrictive Practices Act, 1969 with a modern competition law, in sync with modern and…
Recently, in news published in the Financial Express on 11th August 2010, the Competition Commission of India (CCI) is reported to have issued wide ranging recommendations to the Planning Commission for incorporation in the proposed National Competition Policy. The recommendations relating to the electricity sector, as reported, include, inter-alia, review on policies of imposition of…
