BackDelhi HC sets aside CCI investigation report against Grasim
CCI had initiated a probe in 2011 after it found prima facie evidence that Grasim was abusing its dominant position in textile sector
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New Delhi: The Delhi high court has set aside an investigation report by the anti-trust regulator Competition Commission of India (CCI) in a case against Grasim Industries Ltd.
This order was put up on the court’s website on Wednesday evening.
This investigation was initiated by the anti-trust regulator on 22 June 2011 after it found prima facie evidence that the company was abusing its dominant position in the textile sector.
Following this, the director general in-charge of investigations had submitted his report to the CCI, in which he had noted that Grasim, which is the only manufacturer of viscose staple fibre (VSF) in India, was abusing its dominant position.
Grasim had approached the high court asking that the report be quashed, on the grounds that the investigation conducted was beyond the scope of section 4 of the Competition Act, which governs such probes.
A CCI spokesperson said that the regulator will now have to effectively re-investigate the case. “The court has allowed us to use the information in the investigation report as information," he said.
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