Thursday, July 26, 2018

Abuse of dominant position by ONGC on termination of agreement with offshore service providers

Competition Act: Where ONGC being major hirer of Offshore Support Vessel (OSV) for oil exploration entered into agreements with various offshore oilfield service providers but later on terminated said agreements with an intention to exert pressure on OSV service providers for reduction in contracted rates, same was prima facie abuse of dominant position

from www.taxmann.com Latest Case Laws https://ift.tt/2OjxlVd
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