CCI slaps record fine on South Asia LPG

0
1979
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

The order and record fine imposed by the Competition Commission of India (CCI) in the South Asia LPG (SALPG) case significantly lays down a framework for companies to access indispensable infrastructure in future, said a partner at Dua Associates, who advised the counterparty in the matter.

The CCI slapped a ₹192 million (US$2.7 million) fine on SALPG – the highest imposed by the CCI in any abuse of dominance matter. The CCI’s order penalized SALPG for abusing its dominant position in upstream terminal services for liquid petroleum gas (LPG) imports at Vishakhapatnam port.

“This order lays the framework for providing access to indispensable infrastructure to enterprises that cannot compete without such access, and can have far-reaching consequences in many sectors,” said Kunal Mehra, a partner at Dua Associates who advised East India Petroleum (EIPL), the company that filed the case against SALPG.

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link