A file photo of the Delhi high court. Photo: HT (HT)
A file photo of the Delhi high court. Photo: HT
(HT)

Delhi high court asks CCI to expeditiously decide VeriFone case

The high court’s request came in petitions filed by three of Verifone’s directors who had been issued notices by the CCI

New Delhi: The Delhi high court on Thursday asked the Competition Commission of India (CCI) to expeditiously decide a case involving the local arm of US-based electronic payments company VeriFone Systems Inc. for abuse of dominant position.

In October, 2012, Atos Worldline (India) had complained against VeriFone, which manufactures point-of-sale (POS) machines that are used to swipe credit and debit cards at shops and restaurants, to the antitrust regulator.

Atos alleged that VeriFone after initially providing value-added service providers like it free software development kits inserted “restrictive" clauses in a new draft agreement in January 2012. Atos India is the local arm of France’s Atos SA, which makes software for POS machines.

The high court’s request came in petitions filed by three of Verifone’s directors who had been issued notices by the CCI. The directors had challenged these notices in the high court on the ground that the directors could not be issued notices till the CCI first found the company itself contravening the provisions of the Competition Act, 2002.

The CCI had ordered an investigation against Verifone on 31 December, 2012 and has reserved its judgment in the case on 9 October.

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