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Cease and desist from indulging in unfair business ways: CCI to Coal India

This time, the CCI has decided not to penalise firms as a fine of Rs 591.01 cr was imposed on CIL

Press Trust of India  |  New Delhi 

The Competition Commission of India (CCI) has again directed Coal India (CIL) and its units to "cease and desist" from indulging in unfair business ways after finding certain provisions in their fuel supply pacts as anti-competitive. The latest CCI rulings come after some of the earlier orders against CIL and its subsidiaries were set aside by the Competition Appellate Tribunal (Compat), which had asked the regulator to have a fresh look at them. This time, the CCI has decided not to penalise the companies as a fine of Rs 591.01 crore was imposed on CIL for unfair business ...

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First Published: Tue, May 02 2017. 21:37 IST
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