India - Behavioural Cases - April 2020. - Conventus Law

April 2, 2020 by Conventus Law

3 April, 2020

CCI Dismisses Complaint against PayU Alleging Abuse of Dominance
On January 29, 2020, CCI dismissed an allegation of abuse of dominant position under Section 4 of the Act, against PayU Payments Private Limited (‘PayU’) and Enstage Software Private Limited (‘Wibmo’)

PayU is a financial technology company providing technology solutions to online merchants and holds a Non-Banking Financial Company (‘NBFC’) license in India…

CCI Dismisses Allegation of Bid Rigging in Railway Track Maintenance Market
On February 5, 2020, CCI dismissed a complaint by Plasser India Private Limited (‘Plasser’) against Harbour Sales Private Limited (‘OP-1’), Alpha National Trading Co. (‘OP-2’) (‘OP-1 and OP-2 are collectively referred to as ‘Indian companies’), CRCC High-Tech Equipment Corporation Limited (‘OP-3’), Hubei Srida…

CCI Dismisses Allegations of Abuse of Dominant Position by Assam Petrochemicals Limited
On February 6, 2020, CCI dismissed the complaint of the Assam Plywood Manufacturers’ Association (‘APMA’) alleging abuse of dominant position under Section 4 of the Act by Assam Petrochemicals Limited (‘APL’). The APMA is an association of plywood manufacturers in the state of Assam…

CCI Dismisses Complaint against USV Private Limited
On February 7, 2020, CCI dismissed a complaint by Mr. Makarand Anant Mhaskar (‘Mr. Mhaskar’) alleging that USV Private Limited (‘USV’) and its C&F agent, Kundan Pharmacon (‘Kundan’) have abused their dominant position under Section 4 of the Act Mr. Mhaskar is a wholesaler who had placed an order for purchase of drugs from USV/Kundan and confirmed the receipt of the order along with a demand draft and other documents…

CCI Dismisses Allegation of Price-Fixing by Indian Telecom Operators
On February 10, 2020, CCI dismissed an allegation by Mr. Ajinder Singh, on behalf of Teleclub Alberta Limited (‘Informant’) claiming that Vodafone Idea Limited (‘Vodafone’), Reliance Jio Infocomm Limited (‘Reliance’), Airtel Limited (‘Airtel’) and Sify Technologies (‘Sify’) acted in violation of Sections 3 and 4 of the Act. Vodafone, Reliance, Airtel and Sify are together referred to as ‘Telcos’…

CCI Dismisses Allegation against Central Medical Services Society
On February 10, 2020, CCI dismissed a complaint by Mr. Ambalal V. Patel (‘Mr. Patel’) alleging abuse of dominant position by Central Medical Services Society (‘CMSS’), Anti TB department (‘ATBD’) and RITES India Limited (‘RITES’)…

CCI Dismisses Allegations of Abuse of Dominant Position by the Railways
On February 3, 2020, CCI dismissed a complaint by Mr. Meet Shah and Mr. Anand Ranpara (‘Mr. Ranpara’) alleging that the Ministry of Railways (‘Railways’) and the Indian Railways Catering and Tourism Corporation (‘IRCTC’) have abused their dominant position through excessive pricing of railway tickets sold online. Railways and IRTC are together referred to as ‘Indian Railways’…

CCI Dismisses Complaint against ABB India Limited
On January 31, 2020, CCI dismissed a complaint filed by InPhase Power Technologies Private Limited (‘InPhase’) against ABB India Limited (‘ABB’) for allegedly abusing their dominant position in the market…

Karnataka High Court Stays CCI’s Order for a Detailed Investigation into Abuse of Dominance by Flipkart and Amazon
On February 14, 2020, a single bench of the High Court of Karnataka (‘KHC’) ordered a stay of the prima facie order of CCI dated January 13, 2020, (‘CCI Order’) directing the DG to conduct a detailed investigation against Flipkart Internet Services Private Limited (‘Flipkart’) and Amazon Seller Services Private Limited (‘Amazon’), and their affiliated entities (collectively, the ‘Opposite Parties’)…

CCI Approves Laptev’s Acquisition of Welspun’s Plates and Coils Mill Division
On November 18, 2019, CCI approved the acquisition, of the Plates and Coils Mill Division, as a going concern on a slump sale basis (‘Target business’) of Welspun Corp Limited (‘Welspun group’) by Laptev Finance Private Limited (‘Laptev’) of the JSW group…

CCI Approves Nippon’s Acquisition of a Minority Stake in Future Supply Chain Solutions Limited
On December 10, 2019, CCI approved the acquisition of approximately 22% of the shareholding in Future Supply Chain Solutions Limited (‘FSCSL’) by Nippon Express (South Asia and Oceania) Pte. Limited (‘Nippon Express’)…

CCI Approves Napean’s Acquisition of a Minority Stake in SBI General Insurance
On December 13, 2019, CCI approved the acquisition of a 16.01% of the paid up share capital of SBI General Life Insurance (‘SBI-IAG’) by Napean Opportunities LLP (‘Napean’), through the purchase of shares from IAG International Pty. Limited (‘IAG’)…

CCI Approves Increase in CDPQ’s Stake in Piramal
On December 10, 2019, CCI approved an increase in the stake held by Caisse de dépôt et placement du Québec (‘CDPQ’) in Piramal Enterprises Limited (‘PEL’) through the subscription of compulsorily convertible debentures (‘CCDs’), issued and allotted by preferential issue (once converted, equity shareholding of CDPQ will increase from 3.68% to 8.99%)…

CCI Approves Transfer of 50% of the Shareholding of My Home Industries
On December 27, 2019, CCI approved the purchase of 50% of the shareholding of My Home Industries Private Limited (‘MHIPL’) by My Home Constructions Private Limited (‘MHCPL’), Jupally Real Estate Developers Private Limited (‘JREDPL’) and Dr. Rameswar Rao Jupally (collectively referred to as ‘My Home Companies’)…

CCI Approved the following Transactions under the Green Channel Mechanism
i. Acquisition of shares of TVS SCS by Mahogany

This notification relates to the acquisition of less than 25% of the shareholding on a fully diluted basis of TVS Supply Chain Solutions Limited (‘TVS SCS’) by Mahogany Singapore Company Pte. Limited (‘Mahogany’)…

For further information, please contact:

Zia Mody, Partner, AZB & Partners

zia.mody@azbpartners.com

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