Thursday, 29 October 2015

Jaypee Group isn't a dominant player among developers of residential units in Noida: CCI

Competition Act : Where real estate developers i.e., Jaiprakash Associates (JAL) and Jaypee Infratech (JIL) did not have ability to influence conditions of competition in relevant market for provision of services for development and sale of residential apartments in Noida and Greater Noida and there were several established real estate players offering world class amenities, JAL/JIL was not in a dominant position in relevant market and, therefore, question of examining alleged abusive conduct

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