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India: Competition Commission rejects complaint against DLF

By  |  August 30, 2015

Anti-trust regulator CCI today rejected allegations of anti-competitive practices made against realty major DLF related to a project in the national capital.

DLF is already under the scanner of the Competition Commission of India, which earlier this year ordered two separate probes against the realty company. DLF was also fined Rs 630 crore by CCI in another case in August 2011, which was later set aside by the Competition Appellate Tribunal after which the regulator approached the Supreme Court.

The latest complaint pertained to apartments booked in the residential project DLF Capital Greens, Phase III, in the national capital.

The watchdog has dismissed the allegations after finding that prima-facie there was no violation of competition norms especially since DLF is not in a dominant position in the relevant market.

Full content: DNA

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