CCI rejects complaint against KAMP Developers

Competition Commission has dismissed allegations of unfair business practices made against KAMP Developers with respect to residential projects in the national capital.
The complaint has not revealed any anti-competitive horizontal or vertical agreement and no case has been made out against the firm under Competition Act, the regulator said.
Among others, it was alleged that the company made purported misrepresentation that Delhi Development Authority (DDA) had provided land to the it under land pooling policy for residential projects at Dwarka in the national capital.
For the case, Competition Commission of India (CCI) considered 'provision of services for development and sale of residential flats in Delhi," as the relevant market.

Citing the information available in the public domain, the regulator noted there are other real estate developers in the market concerned.
"All these developers appear to pose competitive constraints for the opposite party (KAMP developers) in the relevant market," CCI said in a recent order.
KAMP Developers "does not seem to enjoy a position of strength which would enable it to operate independently of competitive forces prevailing in the relevant market or affect its competitors or consumers or the relevant market in its favour," it added.