• Home
  • Contact Us !
  • Privacy Policy
Snipblog
  • Home
  • News
  • Mobile
  • Internet News
  • Social Media
  • Real Estate
  • Gadgets
  • Education
  • Technology
  • Finance
  • Car 2K17-2K18
No Result
View All Result
  • Home
  • News
  • Mobile
  • Internet News
  • Social Media
  • Real Estate
  • Gadgets
  • Education
  • Technology
  • Finance
  • Car 2K17-2K18
No Result
View All Result
Snipblog
No Result
View All Result
Home Real Estate

Fair Trade Regulator Rejects Complaint Against DLF

sristy by sristy
August 6, 2016
in Real Estate
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Fair Trade Regulator Rejects Complaint Against DLF
New Delhi: The Competition Commission of India has dismissed allegations that DLF indulged in unfair business ways with regard to sale of a residential plot in Uttar Pradesh after finding that the realty major was not a dominant player in the relevant market.

The matter pertained to allotment of a residential plot at the Garden City project at a village in Lucknow district and it was alleged that the company imposed unfair terms and conditions.

Earlier also, DLF had come under the scanner of the Commission, which last year ordered at least two detailed probes against the company.

x

In the present case to assess whether the company violated competition norms, the watchdog considered “the provision of services for development and sale of residential plots in Lucknow” as the relevant market.

Dismissing the complaint, the watchdog said since DLF is not in a dominant position in the relevant market, “the question of abuse of a dominant position by it within the meaning of the provisions of Section 4 of the (Competition) Act does not arise”.

Section 4 relates to abuse of dominant position.

Citing the information available in the public domain, CCI said there are other players offering similar services in the relevant market with projects of varying magnitudes and comparable sizes and resources as that of DLF.

“With such renowned builders in the relevant market, it does not appear that opposite party (DLF) enjoys a position of strength which enables it to operate independently of competitive forces prevailing in the relevant market or to affect its competitors or consumers or the relevant market in its favour,” the regulator said.

In its order dated July 5, CCI also said the allegation of anti-competitive practices do not hold any ground as the information does not disclose any kind of agreement which can be termed as anti-competitive in terms of the Competition Act.

 

[“source-ndtv”]

Tags: againstComplaintDLFFairRegulatorRejectstrade
Previous Post

PE Investment In Retail Real Estate At Rs 1,000 Crore In January-May: Report

Next Post

Hyderabad Office Space Leasing Up 55% In January-June: Realty Consultant

sristy

sristy

Next Post
Hyderabad Office Space Leasing Up 55% In January-June: Realty Consultant

Hyderabad Office Space Leasing Up 55% In January-June: Realty Consultant

  • Trending
  • Comments
  • Latest
The 3 Main Types of Scaffolding and What They are used for

The 3 Main Types of Scaffolding and What They are used for

December 18, 2016
Microsoft’s OneNote Can Now Help With Your Maths Homework

Microsoft’s OneNote Can Now Help With Your Maths Homework

September 3, 2016
A Brief History of Mayo Stands and Other Tools and Equipment

A Brief History of Mayo Stands and Other Tools and Equipment

October 25, 2016
Modest Fashion 2023: A Comprehensive Guide

Modest Fashion 2023: A Comprehensive Guide

May 26, 2023
Asus ZenFone 2 Variant With 4GB RAM, 16GB Inbuilt Storage Launched

Asus ZenFone 2 Variant With 4GB RAM, 16GB Inbuilt Storage Launched

0
Optical Fibre Laid in 68,000 Village Panchayats: Telecom Minister

Optical Fibre Laid in 68,000 Village Panchayats: Telecom Minister

0
iPhone 6s Sports 1.8GHz Dual-Core Apple A9 SoC in Certification Listing

iPhone 6s Sports 1.8GHz Dual-Core Apple A9 SoC in Certification Listing

0
Microsoft Targeting SMBs in Punjab, Haryana for Cloud Services

Microsoft Targeting SMBs in Punjab, Haryana for Cloud Services

0
7 benefits of mobile apps for businesses

7 benefits of mobile apps for businesses

May 5, 2025

Announcing the general availability of Llama 4 MaaS on Vertex AI

May 2, 2025
Benefits of a Home Loan: Save Money on Taxes While Realizing Your Dream of Owning Your Own Home

Benefits of a Home Loan: Save Money on Taxes While Realizing Your Dream of Owning Your Own Home

April 16, 2025
The oceans of Earth once turned green, and they might turn back

The oceans of Earth once turned green, and they might turn back

April 11, 2025

Recent News

7 benefits of mobile apps for businesses

7 benefits of mobile apps for businesses

May 5, 2025

Announcing the general availability of Llama 4 MaaS on Vertex AI

May 2, 2025
Benefits of a Home Loan: Save Money on Taxes While Realizing Your Dream of Owning Your Own Home

Benefits of a Home Loan: Save Money on Taxes While Realizing Your Dream of Owning Your Own Home

April 16, 2025
The oceans of Earth once turned green, and they might turn back

The oceans of Earth once turned green, and they might turn back

April 11, 2025
  • Home
  • Contact Us !
  • Privacy & Policy

No Result
View All Result
  • Home
  • News
  • Mobile
  • Internet News
  • Social Media
  • Real Estate
  • Gadgets
  • Education
  • Technology
  • Finance
  • Car 2K17-2K18