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However, on Wednesday, India’s antitrust watchdog put out an interim order dismissing the applications saying it found no grounds to provide interim relief but that the director general (DG) could go ahead with the investigation. While this could be some reason for Google to cheer, the company’s regulatory woes are far from over.
The CCI had imposed a penalty of Rs 1773.05 crore on Coal India for imposing unfair/discriminatory conditions in Fuel Supply Agreements with power producers for supply of non-coking coal
NEW DELHI The Supreme Court on Thursday ruled the Competition Act, 2002 applies to public sector undertaking Coal India Limited (CIL), the company which answers the description of an enterprise engaged in mining and not discharging any sovereign function of the government. The bench, which refrained from going into the merit of the case related to alleged abuse by the CIL of its dominant position, remanded a batch of cases filed mostly by coal companies and power producers back to the Competition Commission of India (CCI) for reconsideration. The CCI had imposed a penalty of Rs 1773.05 crore on Coal India for imposing unfair/discriminatory conditions in Fuel Supply Agreements with power producers for supply of non-coking coal. The Competition Appellate Tribunal had, however, reduced the penalty to Rs 591 crore. The CIL has approached the apex court against the order of the appellate tribunal. A bench of Justices KM Joseph, BV Nagarathna and Ahsanuddin Amanullah said, “We would h