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This Article is From Aug 24, 2021

CCI Finds Grasim Abused Dominance... Again: Khaitan & Co.

CCI Finds Grasim Abused Dominance... Again: Khaitan & Co.
Grasim namesign and logo seen outisde the company's plant in Nagda. (Source Company website)
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Grasim Industries Ltd.
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The Legal Library section collates quality and in-depth reports on regulatory developments, court rulings and policy changes authored by India's top law firms and consultants. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of law and policy.

Khaitan & Co. Report

Grasim Industries Ltd. abused its dominance again by charging discriminatory prices, denying market access, and imposing supplementary obligations in the viscose staple fibre market from 2017 to 2018, held the Competition Commission of India on August 06, 2021.

On March 16, 2020, the CCI had earlier imposed a penalty of Rs 301.61 crores on Grasim Industries. Given the penalty imposed on Grasim in MMF Case and considering the close time frame of the two cases, the CCI did not impose a penalty in this order.

The CCI order can be summarily divided into three issues:

  1. what is the relevant market

  2. whether Grasim Industries held dominance in the relevant market, and

  3. whether Grasim Industries had abused its dominance in the relevant market.

Click on the attachment to read the full report:

Khaitan & Co - CCI Finds Grasim Abused Dominace Again.pdf
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DISCLAIMER

This alert does not constitute legal advice and is for information purpose only. This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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