NEW DELHI, Nov 18:
Competition Commission has no plans to put in place any mechanism whereby it can halt proceedings in case the violator accepts and corrects the anti-competitive behaviour, government said today.
To a query in Lok Sabha on whether Competition Commission of India (CCI) proposes to devise a mechanism to halt probe and proceedings in case a violator accepts and corrects anti- competitive behaviour, it said “the Commission is not proposing any such mechanism”.
Citing some instances where the informants/parties had requested for withdrawal of the cases, Minister of State for Corporate Affairs Arjun Ram Meghwal, in a written reply, said: “CCI has held that mere withdrawal of case by the informant/ parties or course correction/settlement between the parties would not affect the proceedings of the case”. CCI comes under the Corporate Affairs Ministry. The Commission, which keeps a tab on unfair business practices across sectors, received a total of 707 cases till March 31, 2016. (PTI)
“Out of these, 576 cases have been disposed of, which works out to 81.47 per cent disposal,” Meghwal said.
In a separate written reply, the minister said CCI’s Director General has submitted confidential version of reports on two cases related to online cab companies.
“Six cases against online cab companies alleging abuse of dominant position in contravention of the provisions of Competition Act, 2002 have been received during the last three years and the current year.
“Four cases have been closed under Section 26(2) of the Competition Act, 2002 and in two cases, confidential version of the report has been filed by the Director General, Competition Commission of India,” Meghwal said.
DG is the investigation arm of the Commission.
On whether the government proposes to set up any regulatory mechanism for online cab companies, he replied in the negative. (PTI)
Trending Now
E-Paper
Follow our WhatsApp channel