competition act

Provision Relating to Combination under Competition Act, 2002

Corporate Law - Broadly, combination under the Act means acquisition of control, shares, voting rights or assets, acquisition of control by a person over an enterprise where such person has direct or indirect control over another enterprise engaged in competing businesses, and mergers and amalgamations between or amongst enterprises when the combining pa...

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Leniency Programme under Competition Act, 2002

Corporate Law - Leniency programme is a type of whistle-blower protection, i.e. an official system of offering lenient treatment to a cartel member who reports to the Commission about the cartel....

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Bid rigging under Competition Act, 2002

Corporate Law - The Competition Appellate Tribunal (COMPAT) is established under Section 53A to hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under specified sections of the Act....

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Abuse of Dominance under Competition Act, 2002

Corporate Law - The Competition Act, 2002, follows philosophy of modern competition laws and aims at fostering competition and at protecting Indian markets against anti­ competitive practices by enterprises. The Act prohibits anti­-competitive agreements, abuse of dominant position by enterprises, and regulates combinations (mergers, amalgamations and ...

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Public procurement under Competition Act, 2002

Corporate Law - To sum up, the policy planners, public procurement officials and CCI should work together as a team to deter bid rigging through robust enforcement, increased vigilance, and better designed public procurement programs....

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CCI order against CIL and subsidiaries for abusing dominant position

Corporate Law - Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for supply of non-coking coal....

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CCI (Competition Assessment of Economic Legislations & Policies) Guidelines, 2016

Corporate Law - i. The Advocacy Division of the Commission will continuously scan and identify the upcoming / existing economic legislations and policies which may potentially have adverse effect on competition, for assessment; ii. Any Government Agency, including statutory authority, may refer any upcoming / existing economic legislation or policy to th...

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Competition Commission of India (Competition Assessment Of Legislation And Bills) Guidelines, 2015

Corporate Law - India adopted a new economic order in the early 1990s. This empowered the invisible hands of the market, namely, demand for and supply of goods and services to determine two major outcomes, namely, quantities to be produced/supplied in the economy and prices at which these are to be exchanged. The invisible hands may occasionally malfunct...

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Competition Act – Amendment to Combination Regulations

Corporate Law - Click here to join Online GST Certification Course Jointly by GST Professionals & Taxguru.in Amendment to Combination Regulations- 28thMarch 2014 The provisions of the Competition Act, 2002 (“Act”) relating to the regulation of combinations as well as the Combination Regulations have been in force with effect from 1stJune 2011. Th...

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Aamir Khan figures in list of penalty defaulters released by CCI

Corporate Law - Click here to join Online GST Certification Course Jointly by GST Professionals & Taxguru.in Status of cases where penalties have not been paid under Competition Act, 2002  Competition Commission of India(CCI)  has decided to take suitable and appropriate steps to recover penalties from such parties that have not paid the penalties ...

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CCI order against CIL and subsidiaries for abusing dominant position

Maharashtra State Power Generation Company Ltd . Vs. Mahanadi Coalfields Ltd. & Others (Competition Commission of India) - Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for suppl...

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Malayalam Movie Artist Association & others violated Competition Law

Shri T. G. Vinayakumar Vs. Association of Malayalam Movie Artists & Others (Competition Commission of India) - Click here to join Online GST Certification Course Jointly by GST Professionals & Taxguru.in CCI finds the conduct and practice of Association of Malayalam Movie Artists (AMMA), Film Employees Federation of Kerala (FEFKA), FEFKA Director’s Union, FEFKA Production Executive’s Union and their ...

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To decide dominance both product & geographical market needs to be considered – CAT

Kanazia Digital Systems (P.) Ltd. Vs Competition Commission of India (Compitition Appellate Tribunal) - We do not see any justification to hold that there was any breach of any of the provisions under Section 4 of the Act. Similarly, we cannot accept the argument of Shri Sharma that AAI was a dominant purchaser and had abused its dominance. In fact for the purposes of deciding the dominance, we would ...

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Delhi HC order on scope of police seizure powers under Section 64 of the Copyright Act

Event and Entertainment Management Association versus Union Of India & Ors. (Delhi High Court)- Delhi HC has dismissed the petition seeking a direction to the Union of India, Ministry of Human Resource Development, to frame objective standards for determination and levying of royalties of various c...

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Vessels sharing agreements of liner shipping out of CCI Purview-Reg.

Notification No. S.O. 950(E) - (21/03/2017) - Central Govt exempts Vessels Sharing Agreements of Liner Shipping Industry from provisions of section 3 of Competition Act, 2012 for a period of three months WEF 21.03.2017...

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CCI doubles limit of value of assets & turnover for determining entities combination

S.O. 675(E) - (04/03/2016) - Central Government in consultation with the Competition Commission of India, hereby enhances, on the basis of the wholesale price index, the value of assets and the value of turnover, by hundred per cent for the purposes of section 5 of the said Act, ...

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CCI exempts Group exercising less than 50% of voting rights

S.O. 673(E) - (04/03/2016) - Central Government, in public interest, hereby exempts the ‘Group’ exercising less than fifty per cent. of voting rights in other enterprise from the provisions of section 5 of the said Act for a period of five years with effect from the date of publication of this notification in the official g...

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CCI exempts 'enterprises' having asset value of upto Rs. 350 crores from ambit of combination provisions

S.O. 674(E) - (04/03/2016) - In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts an enterprise, whose control, shares, voting rights or assets are being acquired has either assets of the value of not more than rupee...

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The Competition Commission of India (Term of the Selection Committee and the Manner of Selection of Panel of Names) Amendment Rules, 2014

G.S.R. 729(E) - (15/10/2014) - The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i) dated 27th February, 2008, vide G.S.R. No.111(E) and amended vide G.S.R. No. 156(E), dated 6th March, 2009 and G.S.R. No. 259(E), dated 20th April, 2009....

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Recent Posts in "competition act"

CCI order against CIL and subsidiaries for abusing dominant position

Maharashtra State Power Generation Company Ltd . Vs. Mahanadi Coalfields Ltd. & Others (Competition Commission of India)

Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for supply of non-coking coal....

Read More
Posted Under: Corporate Law | ,

Malayalam Movie Artist Association & others violated Competition Law

Shri T. G. Vinayakumar Vs. Association of Malayalam Movie Artists & Others (Competition Commission of India)

Click here to join Online GST Certification Course Jointly by GST Professionals & Taxguru.in CCI finds the conduct and practice of Association of Malayalam Movie Artists (AMMA), Film Employees Federation of Kerala (FEFKA), FEFKA Director’s Union, FEFKA Production Executive’s Union and their five Office Bearers to be in contraventi...

Read More

Vessels sharing agreements of liner shipping out of CCI Purview-Reg.

Notification No. S.O. 950(E) (21/03/2017)

Central Govt exempts Vessels Sharing Agreements of Liner Shipping Industry from provisions of section 3 of Competition Act, 2012 for a period of three months WEF 21.03.2017...

Read More

CCI (Competition Assessment of Economic Legislations & Policies) Guidelines, 2016

i. The Advocacy Division of the Commission will continuously scan and identify the upcoming / existing economic legislations and policies which may potentially have adverse effect on competition, for assessment; ii. Any Government Agency, including statutory authority, may refer any upcoming / existing economic legislation or policy to th...

Read More
Posted Under: Corporate Law |

Provision Relating to Combination under Competition Act, 2002

Broadly, combination under the Act means acquisition of control, shares, voting rights or assets, acquisition of control by a person over an enterprise where such person has direct or indirect control over another enterprise engaged in competing businesses, and mergers and amalgamations between or amongst enterprises when the combining pa...

Read More
Posted Under: Corporate Law |

Leniency Programme under Competition Act, 2002

Leniency programme is a type of whistle-blower protection, i.e. an official system of offering lenient treatment to a cartel member who reports to the Commission about the cartel....

Read More
Posted Under: Corporate Law |

Bid rigging under Competition Act, 2002

The Competition Appellate Tribunal (COMPAT) is established under Section 53A to hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under specified sections of the Act....

Read More
Posted Under: Corporate Law |

Abuse of Dominance under Competition Act, 2002

The Competition Act, 2002, follows philosophy of modern competition laws and aims at fostering competition and at protecting Indian markets against anti­ competitive practices by enterprises. The Act prohibits anti­-competitive agreements, abuse of dominant position by enterprises, and regulates combinations (mergers, amalgamations and ...

Read More
Posted Under: Corporate Law |

Public procurement under Competition Act, 2002

To sum up, the policy planners, public procurement officials and CCI should work together as a team to deter bid rigging through robust enforcement, increased vigilance, and better designed public procurement programs....

Read More
Posted Under: Corporate Law |

Provisions Relating to Cartels under Competition Act, 2002: FAQs

Cartels are agreements between enterprises (including a person, a government department and association of persons / enterprises) not to compete on price, product (including goods and services) or customers. The objective of a cartel is to raise price above competitive levels, resulting in injury to consumers and to the economy. For the c...

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Posted Under: Corporate Law |
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