CCI had issued the order under Section 26(1) of the Competition Act, 2002 on the basis of information filed by M/s Financial Software and System Private Limited (Informant). The informant has alleged that ACI has abused their dominance by imposing unfair conditions in the purchase or sale of goods or services through exclusive supply arrangements, limiting and restricting the technical or scientific development in the market etc
After initial examination, CCI has observed that Prima facie the conduct of the respondents amounts to ˜tie-in arrangement™ and ˜refusal to deal™. Such agreements are also likely to have appreciable adverse effect on competition looking at the market share and market size of the enterprise in question.
The Director General, CCI shall complete the investigation within a period of 60 days from the date of the order. CCI has also made clear that nothing stated in this order shall tantamount to an expression of final opinion on the merits of the case and the DG shall conduct the investigation without being influenced by any observations made in the present order.
The detailed order of CCI can be seen at www.cci.gov.in.