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Articles
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Tailoring competition laws for state-owned enterprises
Financial Express, February 17, 2014
By Pradeep S Mehta
The Competition
Commission of India (CCI) levied a fine of Rs 1,773 crore on
Coal India Ltd, a state-owned enterprise (SoE), for abuse of
dominance in the fuel-supply services market, and also
recommended that it should be broken up. Although CCI has
slapped heavy fines on other firms since it started
operating, this was its first major penalty on an SoE…Whilst
the competition law should indeed apply to SoEs, there might
be need for the law to apply with some narrow derogation
when it comes to SoEs. It is, therefore, not surprising that
the central theme for the International Competition
Network’s annual conference in April 2014 would be to debate
on the application of competition laws to SoEs.
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