Competition Appellate Tribunal (COMPAT) sets aside penalty against GSK Pharmaceuticals Ltd. (GSK) and Sanofi Ltd.(Sanofi) for alleged bid-rigging in procurement of meningitis vaccine for Haj and Umrah pilgrims by Ministry of Health and Family Welfare

COMPAT by its order dated  November 8, 2016, has set aside the penalty imposed by CCI on GSK and Sanofi for being guilty of acting in contravention of Section 3 (3) (d) read with Section 3(1) of the Act and imposed penalty at the rate of 3% of their turnover of last three financial years.…

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Competition Commission of India (CCI) dismisses allegations of bid-rigging against in supply of PVC Vinyl flooring to railways

CCI by its order dated September 21, 2016 has dismissed allegation against manufacturers of PVC Vinyl flooring in relation to supply of “PVC Flooring (Vinyl) width 1620/mm minimum length 14 meters thickness 2/mm roll to RDSO specification no. RDSO/2006/CG-12 Rev. 1. Sample code NAC FLG-02 along with PVC welding electrode. The quantity of welding electrode…

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Competition Commission of India (CCI) dismisses allegation of predatory pricing against ANI Technologies Ltd. in New Delhi and NCR-

The CCI by its order dated August 31, 2016  has dismissed allegation of abuse of dominant position through predatory by Ola Cabs and Taxi For Sure operator ANI Technologies Pvt. Ltd. The Information was filed by three individuals plying auto-rickshaw in NCR region. It was alleged that ANI is driving out competitors in the market…

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Competition Appellate Tribunal (COMPAT) upholds CCI order dismissing abuse of dominance allegation against Orissa Mining Corporation (OMC)

COMPAT by its order dated August 30, 2016 has upheld order of CCI which had dismissed allegations of abuse of dominance by OMC has been indulging in abusing its dominant position in fixing an arbitrary and highly unreasonable price for sale of chrome ore. The Information, filed in CCI by All Odisha Steel Federation, alleged…

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Competition Appellate Tribunal upholds penalty imposed on SCM Soilfert for “gun-jumping”

Competition Appellate Tribunal (COMPAT) by its order dated August 30, 2016 has upheld the penalty imposed by the CCI on SCM Soilfert for failure to file a notice under Section 6(2) of the Competition Act, 2002(the Act) for a combination. Deepak Fertilizers and Petrochemicals Corporation Ltd. (DFPCL) is a company engaged in manufacturing and trading…

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CCI approves acquisition and amalgamation between HDFC Ergo and L&T

The proposed combination relates to acquisition of 100% shareholding in L&T General Insurance Company Limited (“LTGI”) by HDFC Ergo General Insurance Company Limited (“HDFC Ergo”) from Larsen and Toubro (L&T). Subsequently, HDFC Ergo shall be merged with its then 100% subsidiary LTGI. HDFC Ergo is engaged in providing housing finance, finance for commercial real estate,…

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