CCI Investigation into Unfair Practices in Realty Sector

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....CI Investigation into Unfair Practices in Realty Sector <br>News and Press Release<br>Dated:- 24-2-2015<br><BR>The Competition Commission of India (CCI) is looking into various aspects of alleged unfa....

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....ir business practices in realty sector. As on 11.02.2015, Competition Commission of India (CCI) has dealt with 132 cases of alleged anti-competitive practices/abuse of dominance in realty sector. Out ....

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....of this, 93 cases have been closed at prima-facie stage and 3 cases have been disposed of after considering the report of Director General (DG), CCI. In 13 cases, the Commission has passed "cease and ....

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....desist orders" and in one case has imposed penalty of &#8377; 630 crore on DLF Limited in addition to passing a "cease and desist order". Under the provisions of the Competition Act, 2002, either on ....

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....its own motion or on receipt of any information, CCI looks into cases of alleged anti-competitive practices/abuse of dominance including in realty sector. This was stated by Shri Arun Jaitley, Minist....

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....er of Corporate Affairs in written reply to a question in the Rajya Sabha today.<BR> News - Press release - PIB....