The Competition Commission of India (CCI) has discarded a complaint of alleged abuse of market dominance against DLF, related to a housing project in Chennai. The competition watchdog informed that proceedings have been closed under 'section 26(2) of the (Competition) Act'. Under this section, the regulator can close a case if it does not find any prima facie evidence to proceed further. '

Chennai-based DGCOM Buyers & Owners Association had complaint against DLF regarding abuse of market dominance. However, there was no prima facie evidence to prove that DLF abused its market position. The complaint was related to the housing project developed by DLF Southern Homes situated at Old Mahabalipuram Road (OMR), IT Express Corridor, Chennai.

DLF Share Price

302.90 -11.65 (-3.70%) Feb 26, 18:55
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Dilip Buildcon 679.80
NBCC (India) 42.85
Sobha 439.55
JMC Projects (India) 74.45
Prestige Estate Proj 298.40
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