March 21, 2017
Competition News Bulletin from Vaish associates - March 2017
We are happy to share the March, 2017 issue of our Newsletter, “Competition News Bulletin”. Some highlights of this issue are as under:
Competition Commission of India (CCI) decides its first leniency application- The CCI recently decides its first leniency application in favor of the applicant by reducing the penalty amount by 75% imposed on Shri Sandeep Goyal in relation to allegation of bid-rigging in supply of brush-less DC fans and other electrical items to the Railways. During the investigation, Shri Goyal, partner of one of the opposite parties (M/s Pyramid Electronics) in the investigation, confessed to bid-rigging and collusive bidding with the other opposite parties.
CCI imposes penalty of INR 205 Crores on 7 cement manufacturers for bid-rigging in supply of cement to Director General (Supplies and Disposal), Haryana- The CCI has imposed the penalty on has imposed a penalty for bid-rigging on 7 cement manufacturers, viz. Shree Cement Limited, Ultratech Cement Limited, Jaiprakash Associates Limited, J.K. Cement Limited, Ambuja Cements Limited, ACC Limited, and J.K. Lakshmi Cement Limited for bid rigging in relation to tenders for purchase of cement by Government.
CCI initiates investigation against Delhi Development Authority(DDA)- The CCI has initiated an investigation against DDA for abuse of dominance in relation to delayed allotment of flats in the Middle Income Group category under the Rohini Residential Plot Scheme, 1981.
CCI initiates investigation against Ghaziabad Development Authority(GDA)- The CCI has initiated an investigation against GDA for abuse of dominance in relation to arbitrarily increasing price for sale of residential flats for economically weaker section in Ghaziabad, Uttar Pradesh(UP).
CCI initiates investigation against Public Works Department, Govt. of Haryana- The CCI has initiated an investigation against PWD, Govt. of Haryana for abuse of dominance in relation to inviting of bids for construction of rail over bridge in Karnal district in Haryana.
The Bulletin, now in its 7th year of publication is amongst India’s first comprehensive Newsletters on the subject published by Vaish Associates, Advocates with an aim to supplement CCI’s efforts towards competition advocacy.
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