Tuesday, 29 September 2015

Presence of substantial number of venture capital firms in relevant market rules out dominance of op

Competition Act : Where there were substantial number of reality linked private equity/venture capital firms such as Kotak gp, HDFC etc. in relevant market of provision of services relating to management of investment in realty linked venture capital funds and reality linked private equity funds in India, OP with whom informant had invested a sum in a scheme, was not dominant in relevant market and, therefore, no case of abuse of dominant position was made out

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