https://www.taxtmi.com/news?id=13498 The Commission found that the Spot e Auction Scheme imposed a one sided penalty-forfeiture of earnest money deposit on buyers for non lifting without reciprocal seller liability-constituting an unfair condition arising from the seller's market power and breaching section 4(2)(a)(i). Separately, it held the undertakings dominant in the relevant market for non coking coal supply to thermal power producers and found unfair, discriminatory terms in Fuel Supply Agreements contravening section 4(2)(a)(i) and (ii). en-us Mon, 27 Oct 2014 18:45:43 +0530 Mon, 27 Oct 2014 18:45:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13498 The Commission found that the Spot e Auction Scheme imposed a one sided penalty-forfeiture of earnest money deposit on buyers for non lifting without reciprocal seller liability-constituting an unfair condition arising from the seller's market power and breaching section 4(2)(a)(i). Separately, it held the undertakings dominant in the relevant market for non coking coal supply to thermal power producers and found unfair, discriminatory terms in Fuel Supply Agreements contravening section 4(2)(a)(i) and (ii). News - Mon, 27 Oct 2014 18:45:43 +0530 https://www.taxtmi.com/news?id=13498