Tag Archives: sherman

$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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