CCI Issues Order against CIL and its Subsidiaries, Imposes Penalty
The Competition Commission of India (CCI) has imposed a penalty of Rs. 1773.05 crores on Coal India Limited for abusing its dominant position. The final order was passed on 09.12.2013 on a batch of informations filed by Maharashtra State Power Generation Company Ltd. and Gujarat State Electricity Corporation Limited against Coal India Ltd. and its… Read More
Tags: cci, CIL, Coal, Coal India, Corpus Inscriptionum Latinarum, Gujarat State Electricity Corporation Limited, India, India's Competition Commission
Penalties Imposed by the Competition Commission of India
Up to 25.11.2013, the Competition Commission of India has imposed penalty of Rs. 8024.18 crore on 154 parties in various cases out of which an amount of Rs. 19.37 crore has been recovered and deposited in Government Account from 58 parties. Giving this information in written reply to a question in the Rajya Sabha today,… Read More
Tags: Bill, Corporate Affairs Ministry, India, India's Competition Commission, List of Latin phrases (I), LokSabha, Rajya Sabha, Sachin Pilot
More Powers to the Competition Commission of India
The Competition (Amendment) Bill, 2012 introduced in the Lok Sabha inter-alia, proposes to enable Competition Commission of India (CCI) to conduct search and seizure operations directly for carrying out effective investigations into unfair market practices. Giving this information in written reply to a question in the Lok Sabha, Minister Of Corporate Affairs, Shri Sachin Pilot,… Read More
Tags: BRIC, European Union, India, India's Competition Commission, Lok Sabha, Manmohan Singh, New Delhi, Sachin Pilot
Competition Commission of India and DG, Competition of the European Commission sign MOU on Cooperation in the Field of Competition Laws
Competition Commission of India (CCI) and the Directorate General for Competition of the European Commission (DG, Competition) have signed a Memorandum of Understanding on Cooperation in the Field of Competition Laws. The MoU was signed during the ongoing 3rd BRICS International Competition Conference at New Delhi today by Mr Joaquin Almunia, Vice President for Competition,… Read More
Tags: BRIC, Competition law, European Commission, European Union, India, India's Competition Commission, Memorandum of understanding, New Delhi
Heads of Competition Authorities of BRICS sign “Delhi Accord” at the 3rd BRICS International Competition Conference
The Heads of the Competition Authorities of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People™s Republic of China and the Republic of South Africa signed a Joint Accord namely ˜DELHI ACCORD™ on November 22, 2013 during the ongoing 3rd BRICS International Competition Conference (ICC) at New Delhi. BRICS Competition… Read More
Tags: BRIC, BRICS Competition Authorities, China, India, India's Competition Commission, New Delhi, Russia, South Africa
PM to inaugurate 3rd BRICS International Competition Conference 2013 on 21st November, 2013
Dr. Manmohan Singh, Hon™ble Prime Minister of India will inaugurate 3rd BRICS International Competition Conference (ICC) on Thursday, the 21st November, 2013 in a function at New Delhi. The 2-day conference is being organised by Competition Commission of India (CCI) on behalf of BRICS countries in pursuance of the Beijing Consensus, New Delhi Declaration and Action Plan adopted at Fourth BRICS Leaders Summit… Read More
Tags: Beijing, BRIC, European Union, India, India's Competition Commission, Kazan, Manmohan Singh, New Delhi