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Competition Commission of India rejects complaints against GAIL

Competition Commission of India rejects complaints against GAIL
Fair trade regulator CCI has dismissed two different complaints which alleged that state-owned GAIL indulged in anti-competitive practices with respect to sale of gas. Gujarat State Fertilisers & Chemicals (GSFC) and Paharpur-3P, a division of Paharpur Cooling Towers -- both of which have gas sale agreement with GAIL -- had lodged the complaints last year. It was alleged that the public sector enterprise imposed certain "unfair and discriminatory conditions" under the gas sale agreements. In two separate orders, passed earlier this month, the Competition Commission of India (CCI) decided to reject the complaints made against GAIL. The watchdog has said all the allegations point to the possibilities of several conducts of GAIL that would be unfair but nothing has been brought through the information on record which could suggest that the entity had in fact indulged in any conduct that is culpable under Section 4 of the Act.
PTI

PTI

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