competition act

Consumer Favouritism And Mergers: Rethinking CCI’s Consumer Welfare Approach In Light Of Objectives Of Competition Law

Corporate Law - INTRODUCTION The Competition Commission of India’s handling of mergers in recent times is surreptiously paving the way for Monopolies in Indian markets. The justification behind allowing mergers to take place is to promote economic efficiency using competition as means for creating a market responsive to consumer preferences. Consumer W...

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Competition Advocacy- Competition Compliance

Corporate Law - 1. COMPETITION COMPLIANCE COMPETITION COMPLIANCE PROGRAMME FOR ENTERPRISES A Suggested Framework for compliance of the Competition Act, 2002, [the Act] by Enterprises I. COMPLIANCE ARRANGEMENTS BY ENTERPRISES Meaning and Scope of Competition compliance Competition compliance programme (CCP) is a formal internal framework to ensure busine...

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Competition Law: Competition Compliance Programme

Corporate Law - An effective compliance programme includes creating awareness and imparting training to the employees who may engage themselves or are exposed to anti-competitive conducts. The programme should provide for identifying possible violations so as to take pro-active, corrective and remedial steps....

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Regulatory Bodies & Coordination between CCI & Sectoral Regulator

Corporate Law - Introduction to Competition Law (Part – 5: Regulatory Bodies and Coordination between the Competition Commission of India (CCI) and Sectoral Regulator) 1. Regulatory Framework in India Before the opening up of the economy, economic activity was mainly dominated by the government-owned companies. Apart from economic activities governmen...

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Competition Law: Public Procurement Governments/PSUs

Corporate Law - Introduction to Competition Law (Part – 4: Public Procurement Governments/PSUs) Public Procurement- Government/ PSUs 1. Background The Competition Act, 2002 (the ‘Act’) has been enacted with the objective of preventing practices having adverse effect on competition, promoting and sustaining competition in markets, protecting the int...

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CCI imposes Penalty on Chemists and Druggists Association of Baroda

Corporate Law - Competition Commission of India (CCI) imposes Penalty on Chemists and Druggists Association of Baroda The Competition Commission of India (‘Commission’) has found the Chemists and Druggists Association of Baroda (‘CDAB’) to be in contravention of the provisions of the Competition Act, 2002 (‘Act’). A complaint/information wa...

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MCA Invites public comments on Competition Act, 2002

Corporate Law - The Ministry of Corporate Affairs (MCA) constituted a Competition Law Review Committee to review the competition Act/Rules/Regulations in view of changing business environment and bring necessary changes, if required....

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Govt constitutes Competition Law Review Committee

Corporate Law - In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a Competition Law Review Committee to review the Competition Act....

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Alleged unfair pricing by super-specialty hospitals: CCI widens investigation scope

Corporate Law - CCI orders widening the scope of investigation by the Director General in the matter relating to alleged unfair pricing by super-specialty hospitals in and around Delhi The Competition Commission of India (CCI) is inquiring into a matter (Case No. 77 of 2015) for alleged violation of provisions of Section 3 and 4 of the Competition [&hell...

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Online System to determine notifiability of M&A in terms of Competition Law

Corporate Law - Competition Commission of India (CCI) launches an Online Guidance System for determining notifiability of Merger & Acquisitions in terms of the Competition Act, 2002. ...

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Motive Irrelevant In determining Abuse Of Dominance: CCI

Velankani Electronics Private Limited Vs Intel Corporation (Competition Commission of India) - Velankani Electronics Private Limited Vs Intel Corporation (Competition commission of India) The OP has also argued that it has no incentive to deny access to anyone to the Server or Server-Board market segment. The OP’s interests are aligned to ensure multiple manufacturers of Server-Boards and S...

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Rounding Off Railway Fares Prima Facie Abuse of Dominance: CCI

Mr. Meet Shah Vs Union of India, Ministry of Railway (Competition Commissioner of India) - Mr. Meet Shah Vs Union of India, Ministry of Railway (Competition Commissioner of India) Railway and IRCTC (Opposite Parties) have not been able to convince the Commission as to why the policy of rounding off of actual base fares to the next higher multiple of Rs.5 is applicable to the sale of onlin...

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CCI imposes penalty upon Esaote for abusing dominant position

House of Diagnostics LLP Vs. Esaote S.p.A & other (Competition Commission of India) - The Competition Commission of India (CCI) has imposed a penalty of Rs. 9.33 lac upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. (‘Esaote’) for abusing dominant position in supplying dedicated standing/ tilting MRI machines....

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NCLAT upheld Rs 6,700 cr CCI penalty for cartelisation on cement-makers’

Ambuja Cements Limited Vs Competition Commission of India & Ors. (NCLAT Delhi) - Ambuja Cements Limited Vs CCI & Ors. (NCLAT Delhi) The ‘Builders Association of India’ filed information under Section 19(1) (a) of the Competition Act, 2002, alleging anti-competitive agreement against the ‘Cement Manufactures’ Association’ (hereinafter referred to...

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CCI order regarding cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market 

Re. Panasonic Corporation, Japan & Others (Competition Commission of India) - The Competition Commission of India (CCI) passed a final order imposing penalty on Panasonic Energy India Co. Limited Panasonic) and Geep Industries (India) Private Limited (Geep) for colluding to fix prices of zinc-carbon dry cell batteries in India. In respect of Panasonic, CCI granted 100 percent...

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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 imposes Penalty on Chemists and Druggists Association of Baroda

Competition Commission of India (CCI) imposes Penalty on Chemists and Druggists Association of Baroda The Competition Commission of India (‘Commission’) has found the Chemists and Druggists Association of Baroda (‘CDAB’) to be in contravention of the provisions of the Competition Act, 2002 (‘Act’). A complaint/information wa...

Read More
Posted Under: Corporate Law |

MCA Invites public comments on Competition Act, 2002

The Ministry of Corporate Affairs (MCA) constituted a Competition Law Review Committee to review the competition Act/Rules/Regulations in view of changing business environment and bring necessary changes, if required....

Read More
Posted Under: Corporate Law |

Motive Irrelevant In determining Abuse Of Dominance: CCI

Velankani Electronics Private Limited Vs Intel Corporation (Competition Commission of India)

Velankani Electronics Private Limited Vs Intel Corporation (Competition commission of India) The OP has also argued that it has no incentive to deny access to anyone to the Server or Server-Board market segment. The OP’s interests are aligned to ensure multiple manufacturers of Server-Boards and Servers. Since the OP’s primary focus i...

Read More

Rounding Off Railway Fares Prima Facie Abuse of Dominance: CCI

Mr. Meet Shah Vs Union of India, Ministry of Railway (Competition Commissioner of India)

Mr. Meet Shah Vs Union of India, Ministry of Railway (Competition Commissioner of India) Railway and IRCTC (Opposite Parties) have not been able to convince the Commission as to why the policy of rounding off of actual base fares to the next higher multiple of Rs.5 is applicable to the sale of online tickets, when […]...

Read More

Govt constitutes Competition Law Review Committee

In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a Competition Law Review Committee to review the Competition Act....

Read More
Posted Under: Corporate Law |

CCI imposes penalty upon Esaote for abusing dominant position

House of Diagnostics LLP Vs. Esaote S.p.A & other (Competition Commission of India)

The Competition Commission of India (CCI) has imposed a penalty of Rs. 9.33 lac upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. (‘Esaote’) for abusing dominant position in supplying dedicated standing/ tilting MRI machines....

Read More

NCLAT upheld Rs 6,700 cr CCI penalty for cartelisation on cement-makers’

Ambuja Cements Limited Vs Competition Commission of India & Ors. (NCLAT Delhi)

Ambuja Cements Limited Vs CCI & Ors. (NCLAT Delhi) The ‘Builders Association of India’ filed information under Section 19(1) (a) of the Competition Act, 2002, alleging anti-competitive agreement against the ‘Cement Manufactures’ Association’ (hereinafter referred to as “CMA”- the ‘Opposi...

Read More
Posted Under: Corporate Law | |

Consumer Favouritism And Mergers: Rethinking CCI’s Consumer Welfare Approach In Light Of Objectives Of Competition Law

INTRODUCTION The Competition Commission of India’s handling of mergers in recent times is surreptiously paving the way for Monopolies in Indian markets. The justification behind allowing mergers to take place is to promote economic efficiency using competition as means for creating a market responsive to consumer preferences. Consumer W...

Read More
Posted Under: Corporate Law |

Alleged unfair pricing by super-specialty hospitals: CCI widens investigation scope

CCI orders widening the scope of investigation by the Director General in the matter relating to alleged unfair pricing by super-specialty hospitals in and around Delhi The Competition Commission of India (CCI) is inquiring into a matter (Case No. 77 of 2015) for alleged violation of provisions of Section 3 and 4 of the Competition [&hell...

Read More
Posted Under: Corporate Law |

CCI order regarding cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market 

Re. Panasonic Corporation, Japan & Others (Competition Commission of India)

The Competition Commission of India (CCI) passed a final order imposing penalty on Panasonic Energy India Co. Limited Panasonic) and Geep Industries (India) Private Limited (Geep) for colluding to fix prices of zinc-carbon dry cell batteries in India. In respect of Panasonic, CCI granted 100 percent reduction in penalty by invoking the pr...

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