COMPETITION LAW
Adviser (Law) Vacancy at the Competition Commission of India
The Competition Commission of India has invited applications from the eligible candidates for the post of Adviser (Law).No of Post: 01Age Limit: Between 45 and 50 yearsPay Scale: Professional Rs.37400-67000 + Grade Pay Rs.10000Essential QualificationsPh.D. Degree in Competition Law or equivalent and thirteen (13) years experience in the relevant field. ORMaster’s Degree in Law or equivalent and fifteen (15) years experience in the relevant field. ORBachelor of Law or equivalent, and seventeen...
Civil Society demands CCI not to participate in ASSOCHAM IP Conference
A group of civil society organisations wrote to Mr. Ashok Chawla, the chairperson of the Competition Commission of India (CCI) not to participate in the 3rd International Conference on Intellectual Property Law and competition Law organised by Associated Chambers of Commerce and Industry (ASSOCHAM).The conference is scheduled to take place on 7th July at Hotel Imperial, New Delhi. The concern is raised against on two-grounds. Firstly the involvement of Ericsson as the lead partner of the...
Job Openings at Competition Commission of India
Competition Commission of India has invited applications from eligible candidates for engagement of Experts/Professionals to assist the Commission in the discharge of its functions under the Competition Act.No of Posts: 02Essential QualificationDegree of LL.B or equivalent from a recognized University and/or Institute in India or abroad, recognized by the Bar Council of India.Qualified to be registered as an advocate in any State Bar Council in India in terms of Advocate's Act, 1961.Desirable:...
The question of CCI’s jurisdiction to “modify” apartment buyers agreements - A Review of COMPAT’s DLF order
In a heavy setback to the real estate giant, DLF Ltd., the Competition Appellate Tribunal [‘COMPAT’], on May 19, 2014 upheld the 2011 order of the Competition Commission of India [‘CCI’] holding the company guilty of abusing its dominant market position with regard to a residential society in Gurgaon. In August 2011, the CCI had, pursuant to the information filed by the Belaire Owner’s Association, found that DLF had misused its position of power in dictating the terms of the Apartment Buyers...
Delhi HC restrains CCI from passing final orders in enquiry against JCB
Questioning the jurisdiction of Competition Commission of India (CCI) to order an inquiry into the allegation that British construction equipment maker JCB was abusing its dominant position to deny market access to a competing Indian firm, Justice Manmohan of Delhi High Court has asked fair trade watchdog CCI not to pass any final order against J C Bamford Excavators Ltd (JCB) till the court decides the question of the commission's jurisdiction. The court passed the order on the plea of JCB,...
Valuation of Shares and the Importance of Disclosures in the Indian Securities Market
One question that boggles the mind of all players in every stock market is “What should be the true value of the shares?” To a market regulator, this question is of much more importance. It is the regulator’s duty to take all appropriate measures to ensure that the shares should be priced so as to reflect the fundamentals of the company. Otherwise, it may result in astronomical losses to all the players of the market, from individual investors to big corporate giants.Before the liberalization of...
Probe started by CCI in identical airfare pricing
All domestic airlines have been sent a letter by the antitrust watchdog Competition Commission of India (CCI), after it found that airlines were selling seats at almost equal prices that offered little choice to travelers. CCI, which doubted that airlines were acting like a cartel, has sought details on the way they estimated their fares. CCI secretary Smita Jhingran has written a letter to domestic airlines dated March 27, asking it to explain the reason for such identical pricing of...
Fine of rupees 1 crore imposed by Competition Commission of India on Google
Failure to co-operate in an ongoing investigation has landed Mountain View, California-based Google in trouble, as Competition Commission of India (CCI) has imposed a fine of rupees 1 crore on the company. CCI stated in its order that the order was passed on a reference made by the DG (Director General of Investigations) to CCI alleging inter alia, non-cooperation by Google in the pending investigations, which were being conducted by CCI to investigate a 2012 complaint filed by M/s...