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Business News/ Opinion / Quick Edit/  Testing the boundary
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Testing the boundary

On the Competition Commission testing the laws under which it was set up and seeking to find the boundaries of its remit

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Photo: Mint
(Mint)

The Competition Commission of India has penalized the Board of Control for Cricket in India (BCCI) for what it said was the abuse of its dominant position.

The case relates to the grant of franchise and other rights for the high-profile Indian Premier League Twenty20 tournament. The tournament has been mired in one controversy or the other in the past few years.

The penalty amounts to about 52.24 crore, which is arguably peanuts for what is India’s richest sports body by far.

Given that the antitrust watchdog has only been around in its present form for a few years, its work involves testing the laws under which it was set up and seeking to find the boundaries of its remit. Whatever be the eventual outcome, the decision should be read as a sign that any entity in a dominant position has to be scrupulous about following the rules.

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Published: 09 Feb 2013, 01:19 AM IST
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