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CCI imposes Rs 14 crore fine on Jaiprakash Associates

13 Aug 2019 Evaluate

The Competition Commission of India (CCI) has imposed a penalty of nearly Rs 14 crore on Jaiprakash Associates for abusing its dominant market position by imposing ‘unfair’ and ‘discriminatory’ conditions on home buyers.

Jaiprakash Associates (JAL) is an India-based diversified infrastructure conglomerate.

Peers
Company Name CMP
Larsen & Toubro 3736.95
Kalpataru Projects 1354.65
NCC 129.95
Rail Vikas Nigam 197.75
KEC International 374.95
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