Competition Commission of India, by way of its order dated June 28, 2016 held that M/s Ruchi Soya Industries Ltd. ,M/s Betul Oils Ltdand M/s Ganganagar Commodity Ltd. were not in contravention of the provisions of sections 3 and 4 of the Act as alleged by Shri Nirmal Kumar Manshani (Informant). The Informant stated that…
The Competition Commission of India (CCI) by way of its order dated June 9, 2016 directed the Director General (‘DG’) to investigate Mahyco Monsanto Biotech (I) Limited, Monsanto Holdings Private Ltd., Monsanto Inc., U.S.A. and Maharashtra Hybrid Seeds Company Ltd. (collectively called as “Opposite parties”) pursuant to an information filed by Kaveri Seed Company ltd,…
COMPAT by its order dated May 10, 2016 has set-aside the order of CCI in so far as it had held that Alkem Laboratories Limited (Alkem) for violation of Section 3(1) of the Act and had imposed a penalty of INR 74 crores. Pursuant to the case by the Informant (Mr P K Krishnan, Proprietor,…
On 24 May 2016, the UK Competition and Markets Authority (CMA) announced that a commercial refrigerator supplier had agreed to pay a fine for infringing EU and UK competition law by imposing Internet Minimum Advertised Price restrictions. It had also threatened its dealers with sanctions if they advertised below that minimum price .These are well-established…
Competition Appellate Tribunal (COMPAT) by its order dated May 17, 2016 has set aside CCI’s order dated April 15, 2014 wherein CCI had imposed penalty of Rs. ,773 Crores on Coal India Limited for imposing unfair and discriminatory conditions in its fuel supply agreements with various customers. COMPAT considered whether the orders passed by CCI are…
Please see full video recording of the Webinar held on Friday, the 13th May,2016 between 4.00 to 5.30 PM at our Mumbai office at http://estv.in/vaishlaw/webcast.php
COMPAT by its order dated May 10, 2016 has set-aside the order of CCI whereby it had imposed a penalty to the tune of INR 3 crores, on 12 suppliers for indulging in cartelization for supplying “CN containers with disc” used for manufacturing of 81 mm bomb. The CCI had asked the 12 suppliers to “cease…
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…
COMPAT by its order dated April 18, 2016 has set-aside the order of CCI where AIMTC was penalized for allegedly exhorting truck transporters for increasing prices of transportation by 15% following an increase of diesel price by INR 5/Ltr on 13 April 2012. In the present case, an information was filed by Indian Foundation of…
COMPAT by its order dated April 18, 2016 set-aside the penalty imposed on three domestic airlines by the CCI for alleged cartelization and remanded the matter back to the CCI for passing appropriate order keeping in view the principles of natural justice. In the present case an information was filed by the Express Industry Council…
