Mechanical approval under search assessment law vitiates assessments when sanction lacks application of mind; retrospective curative provision cannot ...
Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
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The Competition Commission of India (CCI) observed that compliance with sectoral regulator's framework remains independent of any practice falling afoul of the Competition Act. CCI's jurisdiction is not ousted by overlap with sectoral regulator. Allegations in the matter are determinable within CCI's legal mandate. CCI delineated the relevant market as 'provision of internet exchange services in India'. Based on data, CCI found that the Opposite Party does not appear dominant in the relevant market. Consequently, no competition concern arises, and the matter is closed u/s 26(2) of the Act.
The Competition Commission of India (CCI) observed that compliance with sectoral regulator's framework remains independent of any practice falling afoul of the Competition Act. CCI's jurisdiction is not ousted by overlap with sectoral regulator. Allegations in the matter are determinable within CCI's legal mandate. CCI delineated the relevant market as 'provision of internet exchange services in India'. Based on data, CCI found that the Opposite Party does not appear dominant in the relevant market. Consequently, no competition concern arises, and the matter is closed u/s 26(2) of the Act.
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