18 April, 2014
Competition Commission of India (CCI) has amended the Competition Commission of India (Procedure in regard to the Transaction of Business relating to Combinations) Regulations, 2011. According to the amendments effective from 28th March, 2014, while fees in respect of both Forms (Form I and II) has been revised from INR 10 lakhs and INR 40 lakhs to INR 15 lakhs and INR 50 lakhs...
18 March, 2014
Competition Commission of India has on 11-2-2014 in Suo-Motu Case No. 1 of 2012, held that there is no evidence to suggest cartelization by asbestos cement sheet (ACS) manufacturers and the provisions of Section 3(3) read with Section 3(1) of the Competition Act, 2003 have not been contravened. Discussing the findings of the Director General (DG), the Commission held that there...
19 February, 2014
The Competition Appellate Tribunal (COMPAT) has upheld personal penalty on employees of the company after noting that the persons were involved in the process of taking coordinated action together with other producers/directors in boycotting multiplexes for release of films.
Employees’ contention that they did not do anything in their. personal capacity and that CCI shoul...
29 January, 2014
Unwritten contract between the two opposite parties that it will not allow the competition of informant with one of the opposite parties has been, prima facie, held as anti-competitive by the Competition Commission of India (CCI).
Evidence of agreement
According to CCI, arrangement or understanding between the opposite parties about clients amounted to an agreement under ...
14th August, 2013
Penalty at the rate of 5% of the average turnover was imposed by the Competition Commission of India (CCI) on various manufacturers of Polyester Blended Duck Ankle Boot Rubber Sole. Narrow range of difference in quoted prices, quantity restrictions by all the bidders barring one and limitations on order quantity per Direct Demanding Officer, were held, by the Commission, as ...
22nd May, 2013
Competition Appellate Tribunal (COMPAT) has granted stay on penalty imposed on various cement manufacturers, subject to depositing 10% of the penalty within one month of its order. Earlier, the Competition Commission of India (CCI) had in its order dated 20-6-2012 imposed penalties adding up to around Rs. 6000 crore on various cement manufacturers on grounds of cartelisation in...
10th May, 2013
The Competition Appellate Tribunal in a recent order has held that behaviour of the explosive manufacturers in boycotting the bid for supply to Coal India as anti-competitive but the deterrent punishment should not be so much as to affect their ability to deliver the goods in an efficient manner. The Tribunal hence reduced the penalty to 10% of the penalty imposed by Competitio...
By Anup Koushik Karavadi
The land-population disparity heralded great demand in the real estate sector in India. This demand clubbed with the dearth of a proper vigilance mechanism ramified the real estate sector into a money minting ground.
Conscious of the growing need to regulate the real estate sector and regulated private participatio...
By Abir Roy
The Competition Act, 2002 (“Act”) read with the attendant Combination Regulations provide for a mandatory notification of the transaction to the Competition Commission of India (“CCI”) provided that threshold limits provided under the Act are met (“combination&rdquo...
By Subhash Bhutoria
Contributing to the growing domestic IP jurisprudence, the Delhi High Court has recently upheld unfair competition tort in a matter pertaining to data and information emanating from a cricketing event and held that such information qualifies as quasi-property. This article briefly discusses the said emerging trend of protecting property rights through common law rem...
International Trademark Association (INTA) will be organising its 136th Annual Meeting from 10 to 14 May 2014, in Hong Kong.
On 11th May, 2014 sessions will be held on following topics:
Competition Law and Intellectual Property: The Abuse of Rights
Consumer Perception of the Enforcement of Non-Traditional Trademarks
Domain Name Litigation and Arbitration in a World of 1,000+ New gTLDs
FEMA/ FDI regime
on 28 August, 2015 in Pune
Lakshmikumaran & Sridharan (L&S) will be organising a seminar on FEMA/ FDI regime. The Seminar seeks to lend a perspective on the magnitude of complexities involved in the interpretation of the Foreign Exchange Management Act, 1999 (FEMA) with special emphasis on capital and current transactions, ...
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