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 - 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. The Combination Regulations were amended twice on 23rd February 2012 and 4th April 2013, with a vie...

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Aamir Khan figures in list of penalty defaulters released by CCI

Corporate Law - 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 imposed by the Commission on them under Competition Act, 2002.  CCI has released a list of the c...

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CCI finds coal and sand transportation companies contravening Competition Law

Western Coalfields Limited Vs. SSV Coal Carriers Private Limited & others (Competition Commission of India) - Competition Commission of India finds conduct and practice of coal and sand transportation companies to be in contravention of the Competition Law; The parties have been directed to cease and desist from indulging in anti-competitive conduct; A total penalty of Rs. 11,81,71,260 imposed on the ten pa...

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No predatory pricing by WhatsApp by not charging any subscription fee

Shri Vinod Kumar Gupta, Chartered Accountant Vs. WhatsApp Inc. (Competition Commission of India) - The Informant is stated to be a Chartered Accountant and has filed the present information on behalf of Fight for Transparency Society. As per the information, OP is a provider of consumer communication services via a mobile app called ‘WhatsApp’ which is a proprietary, cross-platform,, encrypte...

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CCI imposes penalty for anti-competitive conduct on Hyundai Motor

Fx Enterprise Solutions India Pvt. Ltd. Vs. Hyundai Motor India Limited (Competition Commission of India) - CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of Rs. 87 crore for the anti-competitive conduct....

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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) - 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 contravention of the Competition Law. The Informant, T. G. Vinayakum...

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Banking companies exempted-from section 5 & 6 of Competition Act, 2002

Notification No. S.O. 2828(E) - (30/08/2017) - S.O. 2828(E).—In exercise of the powers conferred by clause (a) of Section 54 of the Competition Act, 2002 (12 of 2003), the Central Government in the public interest hereby exempts, all cases of reconstitution, transfer of the whole or any part thereof and amalgamation of nationalized banks, unde...

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Sec. 54 (a) Competition Act, 2002: Central Govt, exempts Regional Rural Banks

S.O. 2561(E) - (10/08/2017) - S.O. 2561(E).—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 the Regional Rural Banks in respect of which the Central Government has issued a notification under sub-section (1) of...

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Summary of MCA Notifications issued during June 2017

No. I-27011/2/2017-Coord. - Three notifications under section 462 of the Companies Act, 2013[CA-13] have been issued after laying of such notifications in draft form before both houses of These notifications provide exemptions from the provisions of the CA-13 to respective companies (viz. Private companies, Government companie...

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Exemption to every person or enterprise who is a party to a combination from giving notice for 5 Years

S.O. 2039(E) - (29/06/2017) - Ministry of Corporate Affairs issues a notification exempting every person or enterprise who is a party to a combination from giving notice within 30 days for a period of 5 years from the date of publication of the notification; ...

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Vessel sharing agreements on liner shipping outside CCI purview for 1 Year

Notification No. S.O. 1933(E). - (16/06/2017) - Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year with effect from the 20th June, 2017...

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Recent Posts in "competition act"

CCI finds coal and sand transportation companies contravening Competition Law

Western Coalfields Limited Vs. SSV Coal Carriers Private Limited & others (Competition Commission of India)

Competition Commission of India finds conduct and practice of coal and sand transportation companies to be in contravention of the Competition Law; The parties have been directed to cease and desist from indulging in anti-competitive conduct; A total penalty of Rs. 11,81,71,260 imposed on the ten parties; Penalty also imposed on the eight...

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Banking companies exempted-from section 5 & 6 of Competition Act, 2002

Notification No. S.O. 2828(E) (30/08/2017)

S.O. 2828(E).—In exercise of the powers conferred by clause (a) of Section 54 of the Competition Act, 2002 (12 of 2003), the Central Government in the public interest hereby exempts, all cases of reconstitution, transfer of the whole or any part thereof and amalgamation of nationalized banks, under the Banking Companies (Acquisition and...

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Sec. 54 (a) Competition Act, 2002: Central Govt, exempts Regional Rural Banks

S.O. 2561(E) (10/08/2017)

S.O. 2561(E).—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 the Regional Rural Banks in respect of which the Central Government has issued a notification under sub-section (1) of section 23A of the Regional Rural Banks...

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Summary of MCA Notifications issued during June 2017

No. I-27011/2/2017-Coord.

Three notifications under section 462 of the Companies Act, 2013[CA-13] have been issued after laying of such notifications in draft form before both houses of These notifications provide exemptions from the provisions of the CA-13 to respective companies (viz. Private companies, Government companies and charitable companies) as per recom...

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Exemption to every person or enterprise who is a party to a combination from giving notice for 5 Years

S.O. 2039(E) (29/06/2017)

Ministry of Corporate Affairs issues a notification exempting every person or enterprise who is a party to a combination from giving notice within 30 days for a period of 5 years from the date of publication of the notification; ...

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Vessel sharing agreements on liner shipping outside CCI purview for 1 Year

Notification No. S.O. 1933(E). (16/06/2017)

Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year with effect from the 20th June, 2017...

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No predatory pricing by WhatsApp by not charging any subscription fee

Shri Vinod Kumar Gupta, Chartered Accountant Vs. WhatsApp Inc. (Competition Commission of India)

The Informant is stated to be a Chartered Accountant and has filed the present information on behalf of Fight for Transparency Society. As per the information, OP is a provider of consumer communication services via a mobile app called ‘WhatsApp’ which is a proprietary, cross-platform,, encrypted instant messaging services for smartph...

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CCI imposes penalty for anti-competitive conduct on Hyundai Motor

Fx Enterprise Solutions India Pvt. Ltd. Vs. Hyundai Motor India Limited (Competition Commission of India)

CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of Rs. 87 crore for the anti-competitive conduct....

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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 supply of non-coking coal....

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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)

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 contravention of the Competition Law. The Informant, T. G. Vinayakumar, a movie director, had approached CCI...

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