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TMI BlogOrders by Commission after inquiry into agreements or abuse of dominant positionX X X X Extracts X X X X X X X X Extracts X X X X ..... a dominant position, is in contra vention of section 3 or section 4, as the case may be, it may pass all or any of the following orders, namely: (a) direct any enterprise or association of enterprises or person or association of persons, as the case may be, involved in such agreement, or abuse of dominant position, to discontinue and not to re-enter such agreement or discontinue such abuse of domi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation 1 . For the purposes of this clause, the expression turnover or income , as the case may be, shall be determined in such manner as may be specified by regulations. Explanation 2. For the purposes of this clause, turnover means global turnover derived from all the products and services by a person or an enterprise. ] (c) 2 [ **** ] (d) direct that the agreements shall stand modified to the ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TES:- 1 . Substituted vide Competition (Amendment) Act, 2007 dated 24-09-2007 before it was read as, Provided that in case any agreement referred to in section 3 has been entered into by any cartel, the Commission shall impose upon each producer, seller, distributor, trader or service provider included in that cartel, a penalty equivalent to three times of the amount of profits made out of such ag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent of the average of the turnover for the last three preceding financial years, upon each of such person or enterprises which are parties to such agreements or abuse : 1 [Provided that in case any agreement referred to in section 3 has been entered into by a cartel, the Commission may impose upon each producer, seller, distributor, trader or service provider included in that cartel, a penalty of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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