A PYMNTS Company

Lack of evidence of abuse of dominance frees Emaar from Silapuri lawsuit

By  |  May 31, 2012

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)

 

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