Oil firms challenge CCI jurisdiction in petrol pricing probe
11 years, 5 months ago

Oil firms challenge CCI jurisdiction in petrol pricing probe

The Hindu  

Fair trade watchdog CCI will soon pass an order on a challenge by oil marketing firms over its authority to investigate alleged cartelisation in fixing petrol prices. The Competition Commission of India is probing suspected unfair practices by State-run oil marketing companies in setting petrol prices, which has been deregulated by the government. Without divulging details, Mr. Chawla said an appropriate order would be passed since the oil companies have said the CCI cannot even look at issues related to petrol prices. The CCI observed that even after deregulation, petrol prices were revised almost equally by the State-run oil firms — Indian Oil, Bharat Petroleum and Hindustan Petroleum.

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History of this topic

CCI - No Proof Of Rigging In Joint Tender Issued By Public Oil Marketing Companies For Procurement Of Ethanol For Blending In 2013
7 months, 3 weeks ago

CCI - No Proof Of Rigging In Joint Tender Issued By Public Oil Marketing Companies For Procurement Of Ethanol For Blending In 2013

Live Law  

The Competition Commission of India bench, comprising Ms. Ravneet Kaur, Ms. Sweta Kakkad, Anil Agrawal and Mr. Deepak Anurag, has concluded that there is no sufficient evidence to determine that the Opposite Parties, which include three Sugar Mill Associations, three PSU Oil Marketing Companies, and 14 mills situated in Uttar Pradesh, have violated any provisions of the Competition Act, 2002. …

CCI’s Power Is To Regulate Markets, Not To Review Decisions Of Statutory Regulators: Delhi High Court
1 year, 9 months ago

CCI’s Power Is To Regulate Markets, Not To Review Decisions Of Statutory Regulators: Delhi High Court

Live Law  

The Delhi High Court on Friday held that power of the Competition Commission of India is limited to regulating markets and does not extend to reviewing the decisions taken by statutory regulators in exercise of their statutory powers. Emphasizing that the power does not extend to “addressing any grievance” regarding arbitrary action by any statutory authority, Justice Vibhu Bakhru said: …

CCI Imposes Penalty On LPG Gas Vendors For Cartelization In Bidding Process [Read Order]
5 years, 7 months ago

CCI Imposes Penalty On LPG Gas Vendors For Cartelization In Bidding Process [Read Order]

Live Law  

The Competition Commission of India has imposed penalty on 51 vendors for cartelization in the bidding process in supplying LPG Gas Cylinders to HPCL. The Commission took suo motu cognizance of the case upon receiving an anonymous letter dated 25.04.2013 alleging that a cartel. The Commission took suo motu cognizance of the case upon receiving an anonymous letter dated 25.04.2013 …

CCI orders investigation against Maruti Suzuki for alleged resale price maintenance arrangement with dealers
5 years, 8 months ago

CCI orders investigation against Maruti Suzuki for alleged resale price maintenance arrangement with dealers

Firstpost  

The allegations prima-facie reveal a fit case for investigation in respect of the alleged resale price maintenance arrangement put in place by Maruti Suzuki India upon its dealers in contravention of competition norms. New Delhi: The Competition Commission has ordered a detailed probe against carmaker Maruti Suzuki for alleged resale price maintenance arrangement with dealers. Generally, resale price maintenance refers …

Competition Commission dismisses complaint against Coal India, its subsidiary alleging unfair business practices
6 years, 3 months ago

Competition Commission dismisses complaint against Coal India, its subsidiary alleging unfair business practices

Firstpost  

Hindustan Zinc Ltd in a complaint had alleged that Coal India abused its dominant position by imposing unilateral and unfair conditions in the fuel supply agreements New Delhi: The Competition Commission of India has dismissed a complaint against state-owned Coal India and its subsidiary, Western Coalfields, alleging unfair business practices regarding fuel supply agreements. Udaipur-based Hindustan Zinc Ltd in a …

Delhi HC Dismisses Abbott’s Plea Against CCI Enquiry Into Alleged Price Cartelisation [Read Order]
6 years, 3 months ago

Delhi HC Dismisses Abbott’s Plea Against CCI Enquiry Into Alleged Price Cartelisation [Read Order]

Live Law  

The Delhi High Court recently dismissed a petition filed by US drugmaker Abbott that wanted to stall a probe by the Competition Commission of India into allegations of price cartelisation over a key diabetes drug.The order was passed by Justice Vibhu Bakhru.Abbott had challenged an order passed in July last year by the CCI under Section 26 of the Competition …

Delhi High Court dismisses application seeking formula of petrol pricing
6 years, 6 months ago

Delhi High Court dismisses application seeking formula of petrol pricing

India TV News  

A petition seeking to disclose formula of petrol pricing was rejected by the Delhi High Court on Wednesday. The application sought direction to the Centre to disclose the formula on the basis of which the prices of petrol and diesel are being fixed daily. The court was hearing an application filed by the Delhi-based designer, asking to disclose the formula …

‘It is economic policy decision’: Delhi High Court refuses to interfere with fuel price issue
6 years, 6 months ago

‘It is economic policy decision’: Delhi High Court refuses to interfere with fuel price issue

India TV News  

The Delhi High Court on Wednesday refused to interfere with the issue of daily change in prices of fuel. The fuel price issue was an “economic policy decision” made by the Central government and the courts must remain away from it, it said. A bench of Chief Justice Rajendra Menon and Justice VK Rao said "there are larger economic issues" …

Oil, gas public sector companies' mergers exempt from Competition Commission approval
7 years, 3 months ago

Oil, gas public sector companies' mergers exempt from Competition Commission approval

Firstpost  

The corporate affairs ministry’s decision to exempt such deals from the ambit of the Competition Commission of India comes against the backdrop of the proposed consolidation and stake purchases among state-owned oil and gas companies New Delhi: Merger and acquisition deals involving public sector oil and gas companies have been exempted from seeking the Competition Commission approval, says a notification. …

pricing of domestically produced gas supervisory power of govt-IndiaTV News – India TV
9 years, 11 months ago

pricing of domestically produced gas supervisory power of govt-IndiaTV News – India TV

India TV News  

New Delhi: The pricing of domestically produced gas is a "supervisory power" of the government and its dispute with Reliance Industries Limited cannot be subjected to arbitration proceedings, the Supreme Court has been told. "Pricing of domestically produced gas is a supervisory power of the government, which cannot be divested. "The role of the government is to lay down policies …

CCI again directs Coal India to 'cease and desist' from unfair biz practice
10 years, 1 month ago

CCI again directs Coal India to 'cease and desist' from unfair biz practice

Firstpost  

Fair trade watchdog CCI has again directed Coal India Ltd to “cease and desist” from unfair business ways after the co violated competition norms with respect to dry fuel supply. New Delhi: Fair trade watchdog CCI has again directed Coal India Ltd to “cease and desist” from unfair business ways after finding the state-owned miner violated competition norms with respect …

By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?
10 years, 1 month ago

By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

Firstpost  

The Modi government has, by allowing petrol and diesel prices to rise this week, has indicated that it intends to let prices be determined by market conditions. The hike in petrol and diesel prices by 82 paise and 61 paise a litre, respectively shows that the government has passed its first, small test on fuel price deregulation. The Narendra Modi …

Competition Commission slaps over Rs 25 cr penalty on Adani Gas
10 years, 8 months ago

Competition Commission slaps over Rs 25 cr penalty on Adani Gas

Firstpost  

The Competition Commission of India’s ruling has come on a case related to supply and distribution of natural gas by Adani Gas Ltd in Faridabad. New Delhi: Fair trade watchdog CCI has imposed a penalty of more than Rs 25 crore on Adani Gas for violating competition norms by abusing its dominant market position. The CCI found that Adani Gas …

Competition Commission slaps over Rs 25 cr penalty on Adani Gas
10 years, 8 months ago

Competition Commission slaps over Rs 25 cr penalty on Adani Gas

Firstpost  

The Competition Commission of India’s ruling has come on a case related to supply and distribution of natural gas by Adani Gas Ltd in Faridabad. New Delhi: Fair trade watchdog CCI has imposed a penalty of more than Rs 25 crore on Adani Gas for violating competition norms by abusing its dominant market position. The CCI found that Adani Gas …

CCI closes case against Petroleum & Natural Gas regulator
11 years, 2 months ago

CCI closes case against Petroleum & Natural Gas regulator

Firstpost  

According to CCI the complainant “should approach an appropriate forum if he has grievance in respect of the scope of powers of the board ”. New Delhi: The Competition Commission has rejected a complaint which alleged that certain rules framed by the Petroleum and Natural Gas Regulatory Board could lead to unfair trade practices in gas distribution network space. In …

CCI to probe high air fares for 5th time
11 years, 5 months ago

CCI to probe high air fares for 5th time

The Hindu  

With air fares soaring again, fair trade watchdog CCI is gearing up for a fresh probe into possible cartelisation among airlines to jack up prices, and it wants to gather more details this time around. The Competition Commission of India has already probed “four times” the alleged cartelisation among air carriers to jack up the fares, but could not find …

Oil marketing firms under CCI scanner for price fixing
11 years, 10 months ago

Oil marketing firms under CCI scanner for price fixing

The Hindu  

The Competition Commission of India has started investigation into alleged cartelisation by oil marketing companies in fixing petrol prices. Without divulging specific details, a senior CCI official said: “The Director-General is investigating the case.’’ This move follows the Petroleum Ministry clarifying that it is not responsible for pricing of petrol since it is deregulated. Earlier, the Commission had written to …

CCI probe report on petrol price fixing soon
12 years ago

CCI probe report on petrol price fixing soon

The Hindu  

Competition Commission of India, on Saturday, said it was in the process of finalising its report on the probe into alleged cartelisation by the state-run oil marketing companies in fixing petrol prices. Talking to journalists on the sidelines of a seminar organised by the Associated Chambers of Commerce and Industry of India on competition law, CCI Chairman Ashok Chawla said, …

CCPA to meet today on diesel, cooking gas price hike
12 years, 6 months ago

CCPA to meet today on diesel, cooking gas price hike

India TV News  

New Delhi, Sept 11: The Cabinet Committee on Political Affairs will this evening discuss raising diesel, cooking gas and kerosene prices but the Oil Ministry is doubtful if a decision would be taken in just one meeting. “Radical decision need to be taken to check the burgeoning subsidy bill but again UPA and radical decisions don't go along easily,” an …

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