The Competition Commission of India was unable to rule that Emaar abused its dominance, despite finding that agreements it entered into with Silapuri Colonizers were anti-competitive. The antitrust watchdog did not find any evidence that supported Emaar had abused its dominance.
The case was brought by Silapuri, who claimed that Emaar used unfair tactics and misrepresentations in the agreements over pricing, location, construction, and design specifications for the Palm Drive real estate project in Gurgaon. Silapuri paid Rs 9 crore for construction, which was delayed.
Full content: The Hindu Business Line
Related content: India’s New Antitrust Regime (Aditya Bhattacharjea, University of Delhi)
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