In a relief to Subway Systems, the Competition Commission of India has dropped charges of profiteering against the company and held that charging royalty and advertising expenses did not amount to profiteering. The company was accused of resorting to profiteering by charging royalty and advertisement charges on the increased base price from the franchisee.
The Competition Commission of India (CCI), while providing relief to Subway, held that charging royalty and advertising expenses does not amount to profiteering.The bench of Ravneet Kaur.
The Competition Commission of India (CCI) closed and dismissed the relief in a case filed by Perfect Infraengineers Limited (PIL) against LG Electronics Limited (LG) stating that no case of.
The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice Ashok Bhushan (Chairperson) and Dr. Alok Srivastava (Technical Member), while adjudicating an appeal.