Matha Timbers Private Ltd. v. Tamil Nad Mercantile Bank Ltd.
Case brief
What is this about?
The Competition Commission of India examined an information alleging abuse of dominant position by a bank. The Commission defined the relevant market as working capital facilities in Tamil Nadu. Finding no prima facie case of dominance or independent operation contrary to competition forces, it closed the matter under section 26(2) of the Act.
What did the court decide?
Matter closed under section 26(2) of the Competition Act, 2002 as no prima facie case of contravention of section 4 is made out.
What the court decided
COMPETITION COMMISSION OF INDIA C. No. 02 of 2015
In Re:
Matha Timbers Private Ltd. 6D/2, Sivalaperi Road, Palayamkottai, Tirunelveli District,
Tami Nadu Informant
And
Tamil Nad Mercantile Bank Ltd. 57, V. E. Road, Thoothukudi, Thoothukudi District,
Tamil Nadu
Opposite Party
CORAM
Mr. Ashok Chawla Chairperson Mr. S. L. Bunker Member Mr. Sudhir Mital Member
Mr. Augustine Peter Member Mr. U. C. Nahta Member
Case No. 02 of 2015
Issues for consideration
2 issues framed by the court
Whether Tamil Nad Mercantile Bank Ltd. holds a dominant position in the market for provision of working capital facilities by banks in Tamil Nadu.
Whether the alleged conduct of imposing unfair terms and conditions constitutes an abuse of dominant position under section 4 of the Competition Act, 2002.
Parties & counsel
- other
Competition Commission of India
Coram
Ashok Chawla
S. L. Bunker
Sudhir Mital
Case details
As recorded by the court registry
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