The Competition Commission of India finds no prima facie case in a predatory pricing case concerning oil and gas exploration activities (HLS Asia / Schlumberger Asia Services and Oil and Natural Gas Corporation)

The Competition Commission of India (CCI) began enforcing India’s new Competition Act in May 2009. It recently decided a matter in which predatory pricing was the central allegation. Although the CCI found no prima facie case and closed the matter at the threshold, the decision raises some important analytical and precedential issues. The case India’s state-owned Oil and Natural Gas Corporation (ONGC) had floated a tender for providing a range of services for its oil and gas exploration activities for three years. The tender covered standard services, high-tech services, and optional services, but offers were evaluated only on the basis of bids for standard services. HLS Asia complained that Schlumberger had won the contract, covering almost all of ONGC’s requirements, by quoting

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Aditya Bhattacharjea, The Competition Commission of India finds no prima facie case in a predatory pricing case concerning oil and gas exploration activities (HLS Asia / Schlumberger Asia Services and Oil and Natural Gas Corporation), 11 April 2013, e-Competitions Bulletin April 2013, Art. N° 52505

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