CCI holds Hiranandani Hospital guilty of monopoly abuse1 min read . Updated: 20 Feb 2014, 09:47 PM IST
The hospital has been fined `3.81 crore
New Delhi: Dr. LH Hiranandani Hospital in Mumbai has been found guilty of monopoly abuse and fined ₹ 3.81 crore by the Competition Commission of India (CCI).
“The case involved the hospital’s exclusive tie-up with a stem-cell bank, which required patients to procure cells only from that bank," a CCI spokesperson said on Thursday.
The order, dated 5 February, was put up on the CCI’s website on Thursday.
The case was filed in 2012 on behalf of a pregnant Mumbai-resident, identified only as Mrs Jain, who was denied the services of her choice of stem-cell bank, Life Cell India Pvt. Ltd.
Life Cell India is a competitor to Cryobanks International India, with which the hospital has an exclusive tie-up.
This forced the patient to shift from the Hiranandani Hospital to have her baby delivered at another hospital.
Dr. Sujit Chatterjee, chief executive of Hiranandani Hospital, could not be immediately reached for comment.