unfair trade practices news

CCI founds NSE guilty of abusing its dominant market position by adopting unfair trade practices

Competition watchdog CCI on Wesdnesday pronounced the National Stock Exchange (NSE) guilty of abusing its dominant market position by adopting unfair trade practices in connection with currency derivatives trading. However, the quantum of fine to be levied on NSE is yet to be ascertained. "The Commission has pronounced NSE guilty of viola...

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Posted Under: Corporate Law |

Competition Appellate Tribunal (CAT) to hear unfair trade practice cases

The government also ordered it to hear cases that the MRTPC had failed to resolve when it was wound up last year. The government has expanded the mandate of a tribunal, which has been hearing pending cases of restrictive trade practices, to include cases of unfair trade practices and compensation from 18 January, said an official working ...

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Posted Under: Corporate Law |

Competition (Amendment) Bill, 2009 got the Approval of parliament

The Parliament has passed the the Competition (Amendment) Bill, 2009 which is to replace the Competition (Amendment) Ordinance, 2009 and to further amend section 66 of the Competition Act, 2002. Rajya Sabha passed it today, while the Lok Sabha had already considered and passed it on 14th December, 2009....

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Posted Under: Corporate Law |

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