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India: CCI rejects complaint against Crisil

 |  March 19, 2015

The CCI announced they found “no material” evidence, and so have rejected allegations of unfair business practices made against credit rating agency Crisil.

The complaint was filed by Brickwork Ratings India against Crisil and its largest shareholder, S&P India.

“… no material has been placed before the Commission wherefrom even a prima facie contravention can be established against the opposite parties,” the fair trade regulator said.

 

Full Content: The Economic Times

 

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