2024 (1) TMI 1384

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....nder Section 26(2) of the Competition Act, 2002 1. The present Information has been filed by Mr. Jarnail Singh ('Informant') under Section 19(l)(a) of the Competition Act, 2002 (hereinafter, 'Act') alleging contravention of provisions of Section 4 of the Act by Madhav KRG Ltd ('OP-1') and Punjab Pollution Control Board ('OP-2') (collectively referred to as the 'Opposite Parties'/'OPs'). 2. T....

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....ous waste, very few entities, as stated, are allowed to purchase the same from the induction furnaces. The Informant further states that OP-2 imposes penalties if pollution dust is traded in open market. 5. According to the Informant, OP-1 is one such entity which is allowed by OP-2 to purchase pollution dust and is allegedly a dominant player. The induction furnaces have to sell pollution dust....

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....on 4 of the Act. 7. The Informant has prayed for the Commission's directions to the relevant authorities to remove pollution dust from the category of hazardous waste, so that the prices can be determined by market forces rather than certain business entities. It has also prayed for fixation of lower limit at which the commodity can be traded and criminal action be taken, along with imposition ....

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.... that there has been entry of atleast two entities that purchase pollution dust. Further, the bills/invoices provided alongwith the Information indicate that the procurement price of pollution dust has increased from Rs. 8 per kg to Rs. 25 per kg. Accordingly, the Commission notes that in the facts and circumstances of the present case, more players coming into the market and increase in procureme....