Automotive Tyres Manufacturers Association v. General Insurance Corporation of India
Case brief
What is this about?
The Competition Commission closed an information filed by the Automotive Tyres Manufacturers Association against General Insurance Corporation of India, alleging abuse of dominant position and anti-competitive agreements related to reinsurance premiums during the COVID-19 period.
What did the court decide?
Information closed pursuant to Section 26(2) of the Act.
What the court decided
COMPETITION COMMISSION OF INDIA
Case No. 21 of 2020
In Re:
Automotive Tyres Manufacturers Association PHD House, 4th Floor, Siri Institutional Area Opp. Asian Games Village New Delhi - 110016
Informant
And
General Insurance Corporation of India "Suraksha", 170, Jamshedji Tata Road Churchgate, Mumbai - 400020
Opposite Party
CORAM:
Mr. Ashok Kumar Gupta Chairperson
Ms. Sangeeta Verma Member
Mr. Bhagwant Singh Bishnoi Member
Issues for consideration
3 issues framed by the court
Whether the allegation of unfair/excessive pricing by GIC Re constitutes an abuse of dominant position under Section 4 of the Act.
Whether the exclusion of coverage for infectious diseases and restrictions on discounts amount to denial of market access or resale price maintenance under Section 3 of the Act.
Whether the conduct of GIC Re facilitates a hub and spoke cartel among insurance companies under Section 3(3) of the Act.
Parties & counsel
- petitioner
Automotive Tyres Manufacturers Association
- respondent
General Insurance Corporation of India
Coram
Ashok Kumar Gupta
Case details
As recorded by the court registry
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