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CCI has 130 cases on plate, disposed of 37 but no news on merger control

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.

He added that out of 130 cases, a total number of 37 cases have been disposed of.

The minister told the upper house of the parliament that sections 5 and 6 of the Competition Act dealing with the regulation of mergers and combinations are yet to be notified, but apart from that the CCI had been fully performing its statutory functions as envisaged in the act.

To date the CCI has registered 80 cases pertaining to inquiry into certain agreements and dominant position of enterprise under section 19 in addition to 50 cases that have been transferred to the CCI in line with section 66, said Khurshid in his written reply.

The CCI this week is understood to have imposed its first fine, slapping Kingfisher with the maximum fine of Rs 1 crore for allegedly not co-operating with the CCI’s investigation into its alliance agreement with Jet Airways.

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