NCLAT dismisses Verifone appeals -upholds CCI finding of abuse of dominance in POS Terminals market By way of judgement dated 13.03.2020, the National Company Law Appellate Tribunal (“NCLAT”) has upheld two orders dated 10.04.2015 passed by the Competition Commission of India (“CCI/Commission”) holding that Verifone India Sales Pvt. Ltd (“Verifone”) has abused its dominant…
CCI fines Grasim for exploitative abuse of its dominant position in the market for supply of VSF to spinners in India By way of order dated 16.03.2020, the Competition Commission of India (“CCI/Commission”) has imposed a fine of INR 301.6 Crores on Grasim Industries Ltd (“Grasim”) for abusing its dominant position in the market for…
NCLAT dismissed appeal by Adani Gas -upholds CCI’s finding on Abuse of Dominant Position The National Company Law Appellate Tribunal (“NCLAT”), vide judgement dated 05.03.2020, has upheld the order dated 03.07.2014 passed by the Competition Commission of India (“CCI/Commission”) for abuse of dominant position by M/s Adani Gas Limited (“Adani’) in the relevant market…
NCLAT rejects appeal of Confederation of All India Traders against CCI decision approving acquisition of Flipkart by Walmart The National Company Law Appellate Tribunal (“NCLAT”), vide judgment dated 12.03.2020, has upheld the order dated 08.08.2018 passed by the Competition Commission of India (“CCI/Commission”) approving Wal-Mart International Holdings’ (“Walmart”) acquisition of between 51% and 77% of…
NCLAT sets aside CCI order imposing penalty on Eli Lilly for Gun Jumping The National Company Law Appellate Tribunal, vide judgment dated 12.03.2020, has set aside the Competition Commission of India (“CCI/Commission”) order dated 14.07.2016 imposing a fine of INR 1 crore on M/s Eli Lilly and Company (“Eli”) for gun jumping i.e. for…
NCLAT directs investigation into alleged abuse of dominant position by Flipkart -Quashes earlier CCI order closing the case By a recent judgment dated 04.03.2020, the Hon’ble National Company Appellate Tribunal (“NCLAT”) has set aside the order dated 06.11.2018 passed by the Competition Commission of India (“CCI”) dismissing allegations of Abuse of Dominant Position by Flipkart…
CCI directs another probe into MMT and OYO on allegations by Treebo Hotels The Competition Commission of India (“CCI/Commission”), vide order dated 24.02.2020, has passed another order under Section 26(1) of the Competition Act, 2002 (“the Act”) directing investigation by the Director General (“DG”) after being prima facie convinced that (i) the vertical arrangement…
Amazon wins the first battle -Karnataka High Court stays CCI order directing investigation against Amazon and Flipkart In a major relief to India’s leading online market players , Amazon and FlipKart , the Hon’ble High Court of Karnataka at Bangalore , vide its order dated 14.2.2020 , has stayed Competition Commission of India (CCI) order…
Competition Commission of India releases report on Market Study on e-commerce in India- A Soft advisory or Warning signal ? The electronic commerce (“E-Commerce”) market in India is no stranger to allegations of anti-competitive conduct. E-Commerce firms in India have been subject to allegations ranging from predatory pricing to discriminatory terms. Amidst the growing clamor…
CCI orders investigation into Amazon and Flipkart’s alleged exclusive tie ups and preferential terms with their respective preferred sellers Competition Commission of India (“CCI/Commission”), vide order dated 13.01.2020, has directed the Director General (“DG”) to investigate whether the alleged exclusive agreements, deep-discounting and preferential listing of a few select sellers by Amazon and Flipkart…
