https://www.taxtmi.com/caselaws?id=460296 The NCLAT upheld the Competition Commission's finding that AGL held a dominant position in the natural gas supply market for industrial consumers in Faridabad, as no gaseous substitutes were available during the relevant period. The tribunal confirmed AGL abused its dominant position by imposing unfair conditions in Gas Supply Agreements. While affirming the cease and desist order and direction to modify agreements, the NCLAT reduced the penalty from 4% to 1% of average turnover for the relevant years. The appeal was disposed of with modified penalty. en-us Thu, 05 Mar 2020 00:00:00 +0530 Sat, 18 Jan 2025 08:47:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460296 The NCLAT upheld the Competition Commission's finding that AGL held a dominant position in the natural gas supply market for industrial consumers in Faridabad, as no gaseous substitutes were available during the relevant period. The tribunal confirmed AGL abused its dominant position by imposing unfair conditions in Gas Supply Agreements. While affirming the cease and desist order and direction to modify agreements, the NCLAT reduced the penalty from 4% to 1% of average turnover for the relevant years. The appeal was disposed of with modified penalty. Case-Laws Law of Competition Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460296