CCI order investigation against IREL (India) for alleged abuse if its dominant position

Beach Mineral Producers Association Vs IREL (India) Ltd (Competition Commission of India) The Commission notes that, until 1988, beach sand mining was restricted to the public sector owing to coexistence of monazite, a heavy mineral used for the production of thorium. Realising the untapped potential in the beach sand minerals sector, the Department of Atomic Energy (DAE) opened up the sector to the private sector with some conditions. In this regard, the Commission notes that the prospecting and mining rights of offshore minerals under the Offshore Areas Minerals (Development and Regulation) ...