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Wednesday, February 19, 2020

Competition Act

COMPETITION ACT NEWS

CCI slaps Rs 671-cr penalty on four PSU insurance firms

July 17, 2015 2:19 am

Non-life insurers termed the order as “surprising” adding that legal remedy would be sought.

‘Incentivise India Inc for competition compliance’

June 10, 2013 6:20 pm

Incentivise companies that put in place systems and processes to ensure compliance with the norms spelled out in the Competition Act,2002,and consider it as a factor before deciding the quantum of penalty,India Inc has told the parliamentary panel examining the amendments to competition laws.

CCI rejects SUV buyer's appeal against Force Motor

October 08, 2012 7:31 pm

CCI rejected an appeal filed by a sports utility vehicle buyer against carmaker Force Motor and said that the complaint about the SUV's performance being non-satisfactory did not fall "within the four corners" of the Competition Act.

Cabinet OK for Competition Act changes

October 04, 2012 10:55 pm

The government today expanded the ambit of Competition Commission of India.

Cartelisation in tyre industry: CCI

September 20, 2012 5:57 pm

Tyre manufacturers may have been overcharging and therefore,harming consumers' interest.

‘No blanket exemption from CCI oversight’

August 22, 2012 12:47 am

Banking Laws (Amendment) Bill,2011,may allow CCI to have say in bank M&As

CCI slaps R397 cr fine on Shree Cement

July 31, 2012 1:29 am

The Competition Commission of India (CCI) has imposed a penalty of Rs 397.51 crore on Shree Cement for indulging in restrictive trade practices

Fast Way Group fined Rs 8 cr for flouting norms

July 04, 2012 1:43 am

Competition regulating watchdog Competition Commission of India has imposed a whopping penalty of Rs 8 crore on the Fast Way cable group for violating the provisions of the Competition Act,2002

Sunset clause for sectoral watchdogs in M&A regulation: Competition Policy

December 14, 2011 12:50 am

Exemptions given to any enterprise,sector or transaction from the ambit of the Competition Act will have a “pre-determined tenure”

Competition Act to be revamped

November 08, 2011 12:36 am

The government is working on making the Competition Act,2002,a “self-contained Act”.