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Penalty For Anti-Trust Violations Must Be Based On Relevant Turnover, Not Total Turnover: SC [Read Judgment]
Ashok KM
16 May 2017 8:58 PM IST
It cannot be said that purpose of the Act is to ‘finish’ those industries altogether by imposing those kinds of penalties which are beyond their means, the bench observed.Observing that penal provisions in the Competition Act is only to ‘teach a lesson’ and not to ‘finish off’ industries, the Supreme Court, in Excel Crop Care Limited vs CCI, has held that penalty imposed under...
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![Penalty For Anti-Trust Violations Must Be Based On Relevant Turnover, Not Total Turnover: SC [Read Judgment] Penalty For Anti-Trust Violations Must Be Based On Relevant Turnover, Not Total Turnover: SC [Read Judgment]](https://www.livelaw.in/cms/wp-content/uploads/2015/10/Supreme-Court-of-India-min.jpg)
