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    <title>CCI Imposes Penalty of Rs.3.81 crore on Dr. L.H.Hiranandani Hospital, Mumbai</title>
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    <description>The hospital&#039;s exclusive agreement with a single stem cell bank was found to foreclose competing banks and cause an appreciable adverse effect on competition in the stem cell banking market. Accordingly, the exclusivity agreements for the specified years were declared null and void, the hospital was prohibited from entering similar exclusive arrangements in future, and a monetary penalty based on average turnover was imposed and ordered to be deposited within the prescribed timeline.</description>
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      <description>The hospital&#039;s exclusive agreement with a single stem cell bank was found to foreclose competing banks and cause an appreciable adverse effect on competition in the stem cell banking market. Accordingly, the exclusivity agreements for the specified years were declared null and void, the hospital was prohibited from entering similar exclusive arrangements in future, and a monetary penalty based on average turnover was imposed and ordered to be deposited within the prescribed timeline.</description>
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