https://www.taxtmi.com/caselaws?id=459751 HC dismissed petition challenging CCI order regarding alleged Competition Act violations. Court held that agreements under Section 3(1) require meeting of minds or common intention, not merely similar conduct by parties. While Section 2(b) defines agreement broadly to include informal arrangements, mere identical practices without proven common intention don't constitute violations. CCI correctly found no meeting of minds among real estate developers despite similar practices, and no appreciable adverse effect on competition. Formation of trade association alone doesn't violate Section 3 without proven anti-competitive effects. en-us Mon, 16 May 2016 00:00:00 +0530 Thu, 26 Dec 2024 19:20:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459751 HC dismissed petition challenging CCI order regarding alleged Competition Act violations. Court held that agreements under Section 3(1) require meeting of minds or common intention, not merely similar conduct by parties. While Section 2(b) defines agreement broadly to include informal arrangements, mere identical practices without proven common intention don't constitute violations. CCI correctly found no meeting of minds among real estate developers despite similar practices, and no appreciable adverse effect on competition. Formation of trade association alone doesn't violate Section 3 without proven anti-competitive effects. Case-Laws Law of Competition Mon, 16 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459751