CCI rejects market abuse complaint against Adidas, Reebok1 min read . Updated: 13 May 2014, 11:28 PM IST
Available facts show no abuse of dominant market position by Adidas, says CCI
New Delhi: Fair trade regulator Competition Commission of India (CCI) on Tuesday rejected allegations that German firms Adidas AG and Reebok India abused their dominant position with respect to sale of premium sports goods.
The complaint was filed by Om Datt Sharma, the managing partner of Kalpataru Enterprises, alleging that Adidas AG, Reebok International Ltd and Reebok India Company, as a group, abused its dominant position in the relevant market of sale of premium sports goods in Noida.
Reebok is part of Adidas AG. “... even though Adidas AG Group appears to be a dominant group in the relevant market...the facts available on record show no violation of provisions of Section 4 of the Act in the present matter," the Commission said in a order.
Section 4 relates to abuse of dominant position of the Competition Act. The complainant was a franchisee of Reebok India Co.
The CCI keeps a check on unfair trade practices at market place.