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    <title>2018 (4) TMI 2005 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>NCLAT stayed penalty imposed on appellant for alleged abuse of dominant position in online search and advertising markets. The tribunal found Competition Commission failed to establish evidence of unfair/discriminatory conditions or market access restrictions under Section 4(2)(a)(i) of Competition Act, 2002. While acknowledging large online platforms wield substantial market power through data access, NCLAT held market dominance alone isn&#039;t antitrust violation without proving anticompetitive conduct. Penalty stayed upon deposit of 10% amount via FDR within four weeks, with final hearing scheduled for determination of relevant turnover criteria for penalty calculation.</description>
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    <pubDate>Fri, 27 Apr 2018 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=460175</link>
      <description>NCLAT stayed penalty imposed on appellant for alleged abuse of dominant position in online search and advertising markets. The tribunal found Competition Commission failed to establish evidence of unfair/discriminatory conditions or market access restrictions under Section 4(2)(a)(i) of Competition Act, 2002. While acknowledging large online platforms wield substantial market power through data access, NCLAT held market dominance alone isn&#039;t antitrust violation without proving anticompetitive conduct. Penalty stayed upon deposit of 10% amount via FDR within four weeks, with final hearing scheduled for determination of relevant turnover criteria for penalty calculation.</description>
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