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CCI Dismisses Complaint Against Indiabulls, Says Pre-Payment Penalty Not Anti-Competitive

CCI Dismisses Complaint Against Indiabulls, Says Pre-Payment Penalty Not Anti-Competitive

Pranav B Prem The Competition Commission of India (CCI), while rejecting allegations of abuse of dominance and anti-competitive practices against Indiabulls Housing Finance Limited (OP-1), has held that imposition of a pre-payment penalty by a finance company on the end-consumer does not amount to an anti-competitive agreement under the Competition Act, 2002.

CCI Clears OMCs Of Anti-Competitive Conduct In Ethanol Joint Tender Case

CCI Clears OMCs Of Anti-Competitive Conduct In Ethanol Joint Tender Case

Pranav B Prem The Competition Commission of India (CCI), in its final order disposing of six clubbed matters, held that the joint tender issued by the Public Sector Undertaking Oil Marketing Companies (OMCs)—namely Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL)—for the procurement of ethanol did not amount to a c...

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