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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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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CCI decides two Penalty cases relating to tenders of Pune Municipality

Corporate Law - CCI passed final order in two cases involving bid rigging/ collusion in three tenders floated by Pune Municipal Corporation for Design, Supply, Installation, Commissioning, Operation and Maintenance of Municipal Organic and Inorganic Solid Waste Processing Plant(s)...

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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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CCI penalises All India Chess Federation for abuse of dominant position

Hemant Sharma & Others Vs. All India Chess Federation (Competition Commission of India) - CCI issues order against All India Chess Federation for abuse of dominant position and imposition of unreasonable vertical restraints on chess players and organisation of chess events; Imposes penalty of Rs. 6.92 lakhs on AICF for the Anti-Competitive conduct....

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CCI penalises SALPG for terminalling services at Visakhapatnam Port

East India Petroleum Pvt. Ltd. (EIPL) Vs. South Asia LPG Company Pvt. Ltd. (SALPG) (CCI) - Competition Commission of India (CCI) issues order against South Asia LPG Company Pvt. Ltd. (SALPG) for abuse of dominant position for terminalling services at Visakhapatnam Port; imposes penalty of Rs. 19.07 crore on SALPG....

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CCI penalises Sports Broadcasters for rigging bids in tenders

Sports Broadcasters. Vs. Essel Shyam Communication Limited & others (CCI) - Sports Broadcasters. Vs. Essel Shyam Communication Limited & others (CCI) CCI passes order under Lesser Penalty Provisions against broadcasting service providers for rigging bids in tenders by Sports Broadcasters This case was taken up by Competition Commission of India (‘CCI’) suo motu unde...

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Deferring Release of a movie to Avoid Clash with other movie Not an Anti-Competitive Practice: CIC

Shri Kshitiz Arya Vs Viacom18 Media Pvt. Ltd (Competition Commission of India) - Shri Kshitiz Arya Vs Viacom18 Media Pvt. Ltd (Competition Commission of India) It is observed that the releasing of a movie is a strategic and tactical business decision taken by the producers. The makers of a film have to consider a lot of factors before releasing the movies for distribution such a...

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CCI penalises 3 Airlines for concerted action in fixing fuel surcharge

Express Industry Council of India Vs. Jet Airways (India) Ltd. & Others (Competition Commission of India) - The Competition Commission of India (CCI) imposes penalties upon three Airlines for concerted action in fixing and revising fuel surcharge (FSC) on cargo transport The Competition Commission of India (CCI) has imposed penalties upon 3 Airlines for concerted action in fixing and revising Fuel Surchar...

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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 penalises All India Chess Federation for abuse of dominant position

Hemant Sharma & Others Vs. All India Chess Federation (Competition Commission of India)

CCI issues order against All India Chess Federation for abuse of dominant position and imposition of unreasonable vertical restraints on chess players and organisation of chess events; Imposes penalty of Rs. 6.92 lakhs on AICF for the Anti-Competitive conduct....

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CCI penalises SALPG for terminalling services at Visakhapatnam Port

East India Petroleum Pvt. Ltd. (EIPL) Vs. South Asia LPG Company Pvt. Ltd. (SALPG) (CCI)

Competition Commission of India (CCI) issues order against South Asia LPG Company Pvt. Ltd. (SALPG) for abuse of dominant position for terminalling services at Visakhapatnam Port; imposes penalty of Rs. 19.07 crore on SALPG....

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CCI penalises Sports Broadcasters for rigging bids in tenders

Sports Broadcasters. Vs. Essel Shyam Communication Limited & others (CCI)

Sports Broadcasters. Vs. Essel Shyam Communication Limited & others (CCI) CCI passes order under Lesser Penalty Provisions against broadcasting service providers for rigging bids in tenders by Sports Broadcasters This case was taken up by Competition Commission of India (‘CCI’) suo motu under Section 19 of the Competition Act, 200...

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Online System to determine notifiability of M&A in terms of Competition 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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Posted Under: Corporate Law |

Deferring Release of a movie to Avoid Clash with other movie Not an Anti-Competitive Practice: CIC

Shri Kshitiz Arya Vs Viacom18 Media Pvt. Ltd (Competition Commission of India)

Shri Kshitiz Arya Vs Viacom18 Media Pvt. Ltd (Competition Commission of India) It is observed that the releasing of a movie is a strategic and tactical business decision taken by the producers. The makers of a film have to consider a lot of factors before releasing the movies for distribution such as market targeting, branding […]...

Read More

CCI decides two Penalty cases relating to tenders of Pune Municipality

CCI passed final order in two cases involving bid rigging/ collusion in three tenders floated by Pune Municipal Corporation for Design, Supply, Installation, Commissioning, Operation and Maintenance of Municipal Organic and Inorganic Solid Waste Processing Plant(s)...

Read More
Posted Under: Corporate Law |

CCI penalises 3 Airlines for concerted action in fixing fuel surcharge

Express Industry Council of India Vs. Jet Airways (India) Ltd. & Others (Competition Commission of India)

The Competition Commission of India (CCI) imposes penalties upon three Airlines for concerted action in fixing and revising fuel surcharge (FSC) on cargo transport The Competition Commission of India (CCI) has imposed penalties upon 3 Airlines for concerted action in fixing and revising Fuel Surcharge (FSC) – a component of freight ...

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CCI imposes Penalty on Chemists Associations for limiting & Controlling supply of drugs and medicines

Reliance Agency Vs. Chemists and Druggists Association of Baroda (CDAB) & Others (Competition Commission Of India)

Competition Commission of India imposes Penalty on Chemists and Druggists Association of Baroda and Federation of Gujarat Chemists and Druggists Association The Competition Commission of India (‘Commission’) has found the Chemists and Druggists Association of Baroda (‘CDAB’) and Federation of Gujarat State Chemists and Druggists A...

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BCCI guilty of abusing its dominant position; CCI Imposes penalty for Anti-Competitive conduct

Surinder Singh Barmi Vs. The Board of Control for Cricket in India (Compensation Commission of India)

Competition Commission of India (CCI) issues order against Board of Control for Cricket in India (BCCI) for abuse of dominant position for imposing restriction that deny access to the market for organization of Professional Domestic Cricket League/ Events; Imposes penalty of Rs. 52.24 crore on BCCI for the Anti-Competitive conduct....

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Grasim & others guilty of bid rigging Delhi Jal Board tenders: CCI

Delhi Jal Board Vs. Grasim Industries Ltd. & others ( Competition Commission of India)

CCI issues order against Grasim Industries Limited, Aditya Birla Chemicals (India) Ltd. and Gujarat Alkalies and Chemicals Ltd. for bid rigging Delhi Jal Board tenders for supply of Poly Aluminium Chloride; Imposes penalty of Rs. 2.30 crore, Rs. 2.09 crore and Rs. 1.88 crore upon GIL, ABCIL and GACL for the anti-competitive conduct. The C...

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