Page 17 - Competition Commission Of India

Govt begins search for next competition panel chief after D K Sikri quits

Sikri, who is the third chairman of CCI, had assumed office in January 2016, replacing another former bureaucrat Ashok Chawla

CCI brings algorithms used to price air tickets under the scanner

The watchdog has been looking into the issue after the Jat agitation in early 2016 when ticket prices on Chandigarh to Delhi flights shot up sharply

Letter to BS: CCI should have more teeth to ensure fair competition

There is also a need to maintain a delicate balance between innovation and fair competition to ensure product quality keeps pace with technology growth

Cabinet approves reducing strength of CCI members to 3 for speedy approvals

Experts said the move would not result in any adverse impact on the CCI

Report finds CCI procedures lacking

It adds that on average 46 per cent of appeals pending before the appellate tribunal at the beginning of a given year remain unresolved for over 12 months

CCI expands leniency norms to individuals

The competition commission of India (CCI) has expanded leniency norms to individuals making them eligible for waiver of or less penalty.The competition watchdog amended the rules for leniency norms for this purpose.Prior to this, only companies are eligible to apply to these norms.Business Standard recently wrote about the plans of CCI to expand the ambit of leniency programme to individuals.Competition lawyers state that the CCI is trying to strengthen the leniency provisions to bust more and more cartels in the country. Section 46 of the CCI Act has a provision called a "leniency programme". The nomenclature of the regulations -- "The Competition Commission of India (Lesser Penalty) Amendment Regulations, 2017"-- itself says much about these norms.This allows the waiving of or imposing of less penalty on parties to a cartel which inform about it. From the inception of the commission over 100 leniency applications have been filed but the commission has used this provision ...

CCI orders second probe in a week against Gail for abuse of natural gas

Section 4 pertains to abuse of dominant market position

CCI slaps Rs 87-cr fine on Hyundai for unfair biz ways

Company stands accused of contravening competition law through arrangements

CCI dismisses Airtel's complaint against RIL, Reliance Jio

In February, the Sunil Mittal-led telecom operator had moved the CCI against Jio

Competition regulator uses informants to break cartel

The Competition Commission of India (CCI) says it has started trying to break a cartel by getting information from the latter's members.Section 46 of the CCI Act has a provision called a 'leniency programme', not used till recently. This allows the waiving of or imposing of less penalty on parties to a cartel which inform about it.For the first time, CCI had used this provision for its inquiry, on the basis of information from the Central Bureau of Investigation (CBI), regarding alleged cartelisation with respect to tenders floated by the railways and BEML, also a government-owned entity, for supply of Brushless DC fans (BLDC fans) and other electrical items. In this case, CCI had granted a reduction of penalty to an enterprise, based on the latter's application under Section 46. The regulator reduced 75 per cent of the penalty to the first informant. In another recent case, CCI granted a waiver of penalty of almost Rs 1,200 crore to Coal India. The initial fine was Rs 1,773 crore, ..

CCI slaps Rs 6,700-crore fine on 11 cement firms

The final order has been passed by the Competition Commission of India, pursuant to the directions issued by the Competition Appellate Tribunal

CCI dismisses complaint against e-retailers

Rejecting the complaint, the CCI also said it appears allegations are regarding abuse of collective/ group dominance