CCI closes the information against M3M real developers alleging contravention of Act
The Competition Commission of India (“CCI”) has dismissed an information filed by an individual resident of Gurgaon, Haryana (“Informant”) against M3M India Private Limited (“M3M”) which is a real estate developer alleging contraventions of Section 3 (anti-competitive agreements) and Section 4 (abuse of dominant position) of the Competition Act, 2002, as amended (“Act”). The information […]
Supreme Court of India holds that the provisions of the Compeition Act will be applicable to Coal India Limited
The Supreme Court of India, vide an order dated 15th June 2023 has concluded that the provisions of the Competition Act, 2002, as amended (“Competition Act”) would apply to Coal India Limited (“CIL”). CIL is a Government Company, which came into being under the Coal Mines (Nationalisation) Act, 1973 (“Nationalisation Act”) and is tasked with […]
Article-Digital Competition Law
The first draft of the Digital Competition law is expected to be ready soon Competition and anti-trust issues in India, including those in the digital market, are primarily governed by the Competition Act, 2002 (“Competition Act”). With the aim to regulate competition related issues specific to the digital market in a better and efficient manner, […]
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NCLAT upholds CCI’s decision to penalise Google for abusing its dominant position The National Company Law Appellate Tribunal (“NCLAT”), which is the appellate authority under the Competition Act, 2002 (“Act”), has upheld the imposition of penalty amounting to INR 1,337.76 crore (approx USD 167 million) on Google by the Competition Commission of India (“CCI”), for […]
Competition Amendment Act provisions come into effect May’23
Provisions of the Competition (Amendment) Act, 2023 that have come into effect. The Government of India has made effective from 18th May 2023[1] some provisions of the Competition (Amendment) Act, 2023 (“Amendment Act”), thereby amending the Competition Act, 2022 (“Act”) to that extent. The provisions made effective include sections under the Amended Act on: Hub and […]