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Saturday, 10 June 2017

Competition body turns down Airtel's complaint against RIL, Jio

The Competition Commission of India (CCI) on Friday rejected Bharti Airtel's complaint against Reliance Industries Limited (RIL) and Reliance Jio alleging anti-competitive practices by them. "The Informant (Bharti Airtel) has also made contradictory submissions of the impugned free services of OP-2 (Reliance Jio) as being an outcome of leverage of dominant position by OP-1 (Reliance Industries Limited) as well as an outcome of alleged anti-competitive agreement between OP-1 and OP-2," the fair trade watchdog said. "The Informant has not given any plausible explanation as to how the impugned free services is an outcome of unilateral conduct of OP-1 as well as an anti-competitive agreement between OP-1 and OP-2," the watchdog added. For every updates related to the Share and Stock Market click here to subscribe us>> http://www.ripplesadvisory.com/nifty-future-.php

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