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JSW Paints likely to contest CCI's order on Asian Paints in NCLAT

This move by JSW Paints comes after CCI disposed off JSW Paints plea which stated that Asian Paints blocked its entry in the decorative paints segment

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Photo: PTI

Sharleen D’Souza Mumbai
JSW Paints may challenge the Competition Commission of India’s (CCI’s) order in the National Company Law Appellate Tribunal, according to a source in the know.

The company also issued a statement that read: “We do not agree with the CCI order that Asian Paints has not abused its dominant position. We are currently reviewing the order and will take appropriate steps to protect the interests of our customers and dealers for a free and fair market.”

The company’s statement also said, “The CCI order reaffirms our view that paint dealers do not have any countervailing buying power and are at the mercy