Tag «CCI»

CCI Issues Order Against CIL and its Subsidiaries For Abusing Dominant Position, Imposes Penalty Of Rs. 1773.05 Crores

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 …

MOU Signed Between Competition Commission of India and Australian Competition and Consumer Commission (ACCC)

Competition Commission of India (CCI) and Australian Competition and Consumer Commission (ACCC) signed a Memorandum of Understanding (MOU) on Cooperation at Canberra, Australia. The MOU was signed by Mr. Ashok Chawla, Chairperson, CCI and Mr. Rod Sims, Chairman, ACCC on 3rd June,2013. The signing took place in the presence of Mr. Sachin Pilot, Hon’ble State …

Competition Commission to play an important role as a regulator of Competition and as a participant in the competitive process – Finance Minister P Chidambaram

Union Finance Minister Shri P.Chidambaram has stressed on the key role of Competition Commission of India (CCI) in defining the role of the government as a regulator of competition and as a participant in the competitive process. Delivering the Annual day Lecture of Competition Commission of India (CCI) in the Capital on 20th May, 2013, …

CCI Holds Round-Table Meeting With Top Corporates, Emphasises Competition Compliance for Good Corporate Governance

Competition Commission of India today held a round-table meeting with top companies of the country on the subject of “Competition Compliance for Good Corporate Governance”. Representatives of trade associations/industry associations such as ASSOCHAM, FICCI, CII and PHDCCI also attended the meeting. Addressing the representatives of the companies, Mr. Sachin Pilot, Minister of State (Independent Charge), …