CCI rejects allegations against Orchid, TDI: Report
26/09/2014 00:41
The Competition Commission has rejected complaints of unfair trade practices against realty players Orchid Infrastructure Developers and TDI Infrastructure, reported PTI. THe allegations of anti-competitive practices were in respect to realty projects in Haryana. Haryana's Department of Town and Country Planning and Urban Development Authority were named in the complaints that were filed separately. In its order, Competition Commission of India (CCI) said that Orchid Infrastructure Developers does not appear to be in a dominant position in the relevant market and hence there seems to be no question of abuse of dominance. The informant is a buyer of a residential unit at the developer's 'Orchid Island' in Gurgaon. "... There are many other large real estate developers such as DLF, Anantraj Group, Earth Infrastructure Group etc, operating in the relevant market. "The presence of other renowned builders in the relevant market reiterates that the Informant was not dependent on the Opposite Party No 1 (Orchid Infrastructure Developers) for booking a residential unit in Gurgaon," the order dated September 24 said. In the case of TDI Infrastructure, the informants were purchasers of residential plots at the company's township project at Kundli in Sonepat. CCI said that TDI Infrastructure does not appear to be in a dominant position in the relevant market. "In the absence of dominance of the Opposite Party No 1 (TDI Infrastructure) in the relevant market, its conduct cannot be examined under the provisions of ... Of the (Competition) Act," the regulator said in another order dated September 24.
26/09/2014 00:41
The Competition Commission has rejected complaints of unfair trade practices against realty players Orchid Infrastructure Developers and TDI Infrastructure, reported PTI. THe allegations of anti-competitive practices were in respect to realty projects in Haryana. Haryana's Department of Town and Country Planning and Urban Development Authority were named in the complaints that were filed separately. In its order, Competition Commission of India (CCI) said that Orchid Infrastructure Developers does not appear to be in a dominant position in the relevant market and hence there seems to be no question of abuse of dominance. The informant is a buyer of a residential unit at the developer's 'Orchid Island' in Gurgaon. "... There are many other large real estate developers such as DLF, Anantraj Group, Earth Infrastructure Group etc, operating in the relevant market. "The presence of other renowned builders in the relevant market reiterates that the Informant was not dependent on the Opposite Party No 1 (Orchid Infrastructure Developers) for booking a residential unit in Gurgaon," the order dated September 24 said. In the case of TDI Infrastructure, the informants were purchasers of residential plots at the company's township project at Kundli in Sonepat. CCI said that TDI Infrastructure does not appear to be in a dominant position in the relevant market. "In the absence of dominance of the Opposite Party No 1 (TDI Infrastructure) in the relevant market, its conduct cannot be examined under the provisions of ... Of the (Competition) Act," the regulator said in another order dated September 24.
