Saturday, July 6, 2019

Presence of other home loan providers in relevant market rules out dominance of Indiabulls housing finance Ltd.

COMPETITION LAW: Where home loan market in India had many providers such as SBI, PNB, HDFC bank and DHFL and as per annual report of SBI for year 2017-18, SBI had a market share of 18.42 per cent in relevant market i.e. market for home loans in India, while, OP had market share of only 1.37, OP per cent, OP was not dominant in relevant market and thus, in absence of dominant position question of abuse of dominance did not arise

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

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