A PYMNTS Company

India: CCI orders probe against agency

By  |  January 26, 2017

The Competition Commission has ordered a detailed probe against Delhi Development Authority for allegedly abusing its dominant position related to a residential plot scheme that was launched way back in 1981.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The detailed investigation has been ordered after finding that DDA prima facie violated competition norms.

    To assess the complaint, CCI considered market for provision of services of development and sale of residential plots in the National Capital Territory of Delhi’ as the relevant one. The regulator’s investigation arm -Director General -would conduct the detailed probe into the matter.

    DG would also probe the role of officials persons, who at the time of such contravention, were in-charge of and responsible for the conduct of DDA’s business.

    During the course of investigation, if the involvement of any other party is found then those those entities would also be probed.

    The complaint pertained to Rohini Residential Plot Scheme, 1981, under which the plots were to be allotted over a period of five years.

    Full Content: Times of India

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.