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DLF challenges CCI order; tribunal to hear appeal next month

DLF challenges CCI order; tribunal to hear appeal next month
PTI
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First Published: Mon, Oct 10 2011. 02 05 PM IST
Updated: Mon, Oct 10 2011. 02 05 PM IST
New Delhi, Oct 10 (PTI) The Competition Appellate Tribunal (Compat) today registered an appeal filed by DLF against the Rs 630 crore fine imposed by fair trade watchdog CCI on the realty major for abuse of dominant market position.
The tribunal has posted the matter for hearing on November 9, sources said.
DLF began the process of submitting its appeal on Friday and its petition was registered today by Compat, they said.
Challenging the CCI order for abuse of dominant market position, DLF is believed to have argued that its market share in Gurgaon cannot be determined on the basis of all-India sales figures.
Soon after the CCI directive in August, DLF had said it would challenge the same and that it has a strong case against the points raised in the order.
The case pertains to the CCI’s imposition of a Rs 630 crore fine on DLF on August 16 for abusing its dominant market position and imposing unfair conditions on the buyers of its flats.
Later in the same month, CCI passed another order in a separate case, wherein it asked DLF to ‘cease and desist´ from misuse of dominant position, but did not impose any penalty in this matter.
The orders followed enquiries by the CCI into complaints filed by flat-buyer associations of two DLF projects in Gurgaon.
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First Published: Mon, Oct 10 2011. 02 05 PM IST
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