Category Archives: Competition Law

Service tax on e-tickets by railways may affect consumers: CCI

Competition Commission of India recently ruled that Indian Railways is not abusing its dominant position by imposing certain conditions during sale of e-tickets but was of the view that charging of service charge for the use of e-ticking may affect … Continue reading

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$106 million penalty imposed on public sector insurance companies: CCI

The Competition Commission of India (CCI) has imposed a total penalty of Rs. 671.05 crores (~$106 million) upon 4 Public Sector Insurance Companies for manipulating the bidding process initiated by Government of Kerala for selecting insurance service provider for Rashtriya … Continue reading

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CCI has inherent powers to review/ recall its orders: DHC

In an important ruling, the Delhi High Court held that Competition Commission of India (CCI) has the power to recall or review its order directing investigation though it is not an inherent power or expressly provided under the Competition Act. … Continue reading

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Cabinet approves amendments to Real Estate (Regulation and Development) Bill, 2013

The Union Cabinet approved amendments to the Real Estate (Regulation and Development) Bill, 2013 pending in the Rajya Sabha, and approved amendments proposed in the Bill. The Bill provides for a uniform regulatory environment, to protect consumer interests, help speedy … Continue reading

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CCI notifies regulations for business combinations

Competition Commission of India notifies “Procedure in regard to the transaction of business relating to combinations” Amendment Regulations, 2014. http://goo.gl/DMQXhn  

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CCI Imposes Penalty of INR 3.81 cr ($614K) on Dr. L. H. Hiranandani Hospital

The Competition Commission of India (CCI) imposed a penalty of INR 3.81 crore ($614,000 approx.) on a Mumbai hospital for entering into anti-competitive agreements with a stem cell bank and causing appreciable adverse effect on competition in the market of … Continue reading

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CCI slaps penalty of INR 52 crores ($10.4 million) on BCCI

The Competition Commission of India (CCI) slapped a penalty of INR 52 crores ($10.4 million) on Board for Control of Cricket in India (BCCI) for the abuse of its dominant position. The Commission said “BCCI’s economic power is enormous as … Continue reading

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Indian Cabinet approves Ministry of Corporate Affairs proposal to amend the Competition Act

The Union Cabinet has approved the proposal of the Ministry of Corporate Affairs to further amend the Competition Act, 2002, with a view to fine tune it and to meet the present day needs in the field of competition, in … Continue reading

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CCI imposes penalty of INR 6200 on cement manufacturers for price cartelization

The Competiton Commission of India imposed a hefty penalty of INR 6200 crore (1.1 billion USD approx.) on ten (10) leading cement manfacturers of India, including ACC, Ambuja Cements, Ultratech and Jaypee Cements and Cement Manufacturers’ Association for indulging in … Continue reading

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Explosive Suppliers liable for the manipulation of bidding process: CCI

The Competition Commission of India has found certain Explosive Suppliers who supply explosives to Coal India Limited liable for the manipulation of bidding process in contravention of Section 3(3) read with Section 3(1) of the Competition Act, 2002. The Commission … Continue reading

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