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Companies Law - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Anti-competitive acts - bid rigging - use of dominion position - ...


Court Defers to Commission's Expertise in Business Data Interpretation, Dismisses Petitioner's Claim of Misunderstanding.

January 3, 2023

Case Laws     Companies Law     HC

Anti-competitive acts - bid rigging - use of dominion position - The Court has no such expertise in evaluating or interpreting the business data or statistical data pertaining to a particular commercial activity. - The angle of interpretation of such data may be different by different person and, therefore, the submission of the petitioner that information relating to the statistical datea including the interpretation of effect of L1 price in each packet and the negotiated price thereof, etc., is misunderstood by the Commission, cannot be accpeted at this stage, as it is prerogative of the Commission to form prima-facie opinion as to initiation of inquiry. - HC

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