Competition Law

Amarchand Mangaldas has challenged the Competition Commission of India’s (CCI) jurisdiction in a writ petition filed for Indian Oil Corporation (IOC) to prevent the anti-trust regulator, which is represented by Economic Laws Practice, from deciding on an aviation fuel suppy dispute with Reliance Industries Limited (RIL) represented by R Sariprabhu Advocates.

The Competition Commission Appellate Tribunal (Compat) has stayed the Competition Commission of India’s (CCI’s) November order imposing a Rs 1 crore fine on Kingfisher airlines for alleged non-compliance in furnishing sufficient information in a cartelisation probe.

Exclusive: Economic Laws Practice (ELP) has been called in to draft Afghanistan’s new competition law regime together with the UK think tank Adam Smith Institute in a project funded by the UK government’s Department for International Development (DFID).

The Competition Commission of India (CCI) has made it first order, clearing 16 banks from the allegation of having acted in a cartel to fix penalty rates of homeowners foreclosing housing loans.

The Competition Commission of India (CCI) has heard 80 cases relating to allegedly anti-competitive agreements and dominant positions of enterprises, as 50 cases were transferred from the erstwhile Monopolies and Restrictive Trade Practices Commission (MRTPC), said corporate affairs minister Salman Khurshid in the Rajya Sabha yesterday.

The Competition Commission of India (CCI) has imposed a Rs 1 crore ($220,000) fine on Kingfisher Airlines for not providing sufficient information in the CCI’s investigation of the airline’s alliance with Jet Airways, according to the PTI.

Singhania and Partners, represented by Seth Dua & Associates, has made a complaint against software giant Microsoft before the Competition Commission of India (CCI) alleging anti-competitive practices and abuse of a dominant position, according to news channel CNBC TV18.

The Competition Commission of India (CCI) wants full ratification of its merger control powers under both section 5 and 6 of the Competition Act, which has languished unapproved for months. The CCI chairman Dhanendra Kumar said at a meeting that the CCI would like to give its consent for most M&A transactions within 30 days of filing, which was only possible if the government ratified both sections 5 and 6 of the Competition Act, according to the Financial Express and other papers. Section 5 states that an Indian company with a turnover of over Rs 3,000 crore can not acquire another company without the CCI’s prior notification and approval. Section 6 voids amalgamations which adversely and appreciably affect competition within a relevant market. Already in February Kumar said he was looking forward to speedy notification of the merger control guidelines.

Kumar also added that the CCI had received 118 cases to date, of which 24 had been dismissed after finding no violation of competition law and five were in the final stage of determination.

Breaking news exclusive: Naik Paranjpe & Company has yet again successfully turned to the Competition Commission of India (CCI) for a Reliance film company, having secured an interim order restraining arch-nemesis Karnataka Film Chamber of Commerce (KFCC) from allegedly directing its members to boycot Reliance MediaWorks multiplex theatres in Bangalore and the state.

The Competition Commission of India’s (CCI) appellate tribunal does not have the power to second-guess the CCI’s decisions to investigate anti-competitive behaviour, the Supreme Court held today in an “emphatic victory” for the CCI and Jindal Steel and their lawyers Amarchand Mangaldas, Economic Laws Practice (ELP) and counsel Harish Salve and Gopal Subramanium.

The Competition Commission of India (CCI) is looking into investigating the Commonwealth Games for its award of key contracts, according to the the Financial Express. Unnamed sources told the Financial Express that several contracts were awarded to private players without conducting a fair tendering process. “There are serious competition violations. We are collecting all information on the bidding process following which we will take a decision on whether to conduct a suo moto probe into it or not,” a senior CCI official told the paper, which contravened sections 3 and 4 of the Competition Act 2002.

Read the full Financial Express article.