The Competition Commission of India has reportedly denied calls to probe athletic wear firms Adidas and Reebok following allegations the firms abused their dominance market positions.
Kalpataru Enterprises’ partner Om Datt Sharma, a Reebok India franchisee, originally filed a complaint with the watchdog against Adidas and its Reebok operations accusing their firms in the nation of harming competition in the premium sports product market.
But in a ruling, the CCI found that Adidas “appears to be a dominant group” in the industry but that “the facts available on record show no violation of” the relevant provisions of competition law pertaining to market dominance. The CCI will therefore not open an investigation into the matter.
Full content: Live Mint
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI