4 - Methodology for Determination of Penalty under proviso to Section 27(B) of the Act
CCI (Determination Of Monetary Penalty) Guidelines, 2024 Chapter III METHODOLOGY FOR DETERMINATION OF PENALTY UNDER PROVISO TO SECTION 27(b) OF THE ACT
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Penalty for cartel agreements: profit after tax is the base for penalty calculation under the proviso to the Act. Where a contravention arises from an anti competitive agreement by a cartel, the Commission may impose a penalty under the proviso to Section 27(b) of the ... Summary
Penalty for cartel agreements: profit after tax is the base for penalty calculation under the proviso to the Act.
Where a contravention arises from an anti competitive agreement by a cartel, the Commission may impose a penalty under the proviso to Section 27(b) of the Act, and profit after tax shall be considered as the base for determining that penalty; the Commission may also have due regard to the factors specified in paragraph 3(2) of the Guidelines.
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