CCI finds cartel in the domestic industrial and automotive bearings market but no penalty By way of order dated 05.06.2020, the Competition Commission of India (“CCI/Commission”) has found FAG Bearings India Ltd. (now, Schaeffler India Ltd.). (“Schaeffler), National Engineering Industries Ltd. (“NEI”), SKF India Ltd. (“SKF‟) and Tata Steel…
CCI fails to notice competition concerns in exclusivity granted to only two travel agents for travel bookings by government employees for the second time By way of order dated 08.05.2020, the Competition Commission of India (“CCI/Commission”) has dismissed the allegations of exclusivity created by the Department of Expenditure, Ministry of Finance (“MOF”) in favour…
CCI invites public comments on proposed amendment to the Combination Regulations omitting requirement of furnishing non-compete information By way of a recent public notice issued by the Competition Commission of India (“Commission/CCI”) on its website, the CCI has invited comments from the public on the proposed amendment to The Competition Commission of India (Procedure in…
CCI-“Green Channel”–automatic approval route for certain combinations- A Primer While all other regulatory functions of the fair trade regulator, the Competition Commission of India (CCI) remain suspended during the ongoing national lock-down due to COVID 19 pandemic , the “green channel”route is still available to the corporates . I provide a brief introduction on the origin and…
CCI allows PFC through video conferencing and revises guidance note to Form I of merger filing The current nation wide lock-down in India due to COVID 19 pandemic , has not deterred India’s fair trade regulator , the Competition Commission of India (CCI) , to continue with its efforts to bring transparency and clarity as well…
CCI finds Alkem and Macleods limiting supplies to stockists under duress of Bengal Chemists Associations and district associations By way of order dated 12.03.2020, the Competition Commission of India (“CCI/Commission”) in three separate cases , has found the Bengal Chemist and Druggist Association (BCDA) , and its District Committees/units of Murshidabad…
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…
