The role of CPWD has been divested to the public sector undertakings (PSUs), like NBCC by the line ministry.
The Competition Commission of India’s (CCI) order dated February 10 imposing, for the first time, a penalty of R74.63 crore on a major pharmaceutical company (at a rate of only 3% of the average turnover, though it could have gone up to 10%) for refusing to appoint a stockiest in Kerala unless an NOC was obtained from the local Chemists and Druggist Association has come a shock for pharma manufacturers.
The CCI order on Jaypee Group serves a warning signal for large real estate players to be cautious before imposing unfair
and one-sided terms and conditions in the flat buyer agreements on prospective buyers
The jurisprudence of CCI with respect of cartel and bid rigging is still evolving