The Indian Competition Authority dismisses by majority view allegations of abuse of dominance against real estate company and concludes that "townships" cannot yet be considered their relevant market (Jaiprakash Associates / Jaypee Infratech)

Sharma, Man Mohan

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26 Oct 2015

The Indian Competition Authority dismisses by majority view allegations of abuse of dominance against real estate company and concludes that "townships" cannot yet be considered their relevant market (Jaiprakash Associates / Jaypee Infratech)

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Reference

Indian Competition Authority, Jaiprakash Associates / Jaypee Infratech, Case Nos. 72/2011, 16, 34, 53/2012, 45/2013, 26 October 2015

CCI closes case against Jaiprakash Associates Ltd for alleged abuse of dominance* The Competition Commission of India (CCI) by way of its order dated October 26, 2015 has exonerated M/s Jaiprakash Associates Ltd and M/s Jaypee Infratech Ltd. (OPs) by majority view for alleged abuse of dominance on an information filed by five individuals (Informants) who were the applicants/allottees of the residential unit in the project of the OP. Informants have alleged violation of section 4 of the Competition Commission Act, 2002 (“the Act”).i.e. abuse of dominant position by imposing highly arbitrary, unfair and unreasonable conditions in the agreements for allotment of residential apartments which blatantly violated the principles of free and fair competition. Facts of the Case The Informants

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Author

Man Mohan Sharma
Vaish Associates Advocates (New Delhi)

India 263 contributions 40464 visits

Quotation

Man Mohan Sharma, The Indian Competition Authority dismisses by majority view allegations of abuse of dominance against real estate company and concludes that "townships" cannot yet be considered their relevant market (Jaiprakash Associates / Jaypee Infratech), 26 October 2015, e-Competitions October 2015, Art. N° 87756

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