Case Law Details
Director General of Anti-Profiteering Vs ATS Township Pvt. Ltd. (CCI)
Introduction: The Competition Commission of India (CCI) has recently concluded an investigation into allegations of profiteering against ATS Township Pvt. Ltd. The investigation, led by the Director General of Anti-Profiteering (DGAP), was conducted following directives from the National Anti-profiteering Authority (NAA).
Detailed Analysis:
1. The Core Issue: The matter began when DGAP’s initial report from 24.02.2021 highlighted a profiteering amount of Rs. 9,03,74,981 by ATS Township during the execution of the ‘ATS Rhapsody’ project. This amount, as stated, should have been passed on to the home-buyers as a benefit.
2. NAA’s Stance: On 28.09.2022, the NAA not only confirmed this profiteered amount but also directed the Respondent to ensure that this benefit was relayed to the buyers. They also raised concerns about possible profiteering in other projects executed by ATS Township.
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