parties must be cautious when undertaking an analysis for the interconnectedness of multi-step transactions at an early stage. Parties must be mindful of the manner in which the discussions and modalities of their deals
Explained | What is the contention between Coal India and CCI? thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
CCI makes its observations while dealing with complaints by some private coal companies accusing PSU of abusing its dominant position in fixation of prices and supply of coal
In a setback to Coal India and its three subsidiaries, the Supreme Court on Thursday ruled that the Competition Act 2002 applies to the public sector companies and they cannot be treated differently than others who might enjoy the monopoly of production, distribution and sale of natural resources.
The CCI had imposed a penalty of Rs 1,773.05 crore on Coal India for imposing unfair/discriminatory conditions in Fuel Supply Agreements with the power producers for supply of non-coking coal. However, this penalty was later reduced.