SETTLING THE ‘TURNOVER’ FOR PENALTY IMPOSITION – A STEP IN THE RIGHT DIRECTION

– Gajendra Bhansali[1] Nearly a couple of months after the ruling in Coordination Committee,[2] the Supreme Court (“SC”) in a landmark judgement,[3] has clarified a crucial issue in competition enforcement by shedding light on the quantum of penalty that can be imposed by the Competition Commission of India (“CCI”) for an anti-competitive agreement, upholding the […]