The Competition Commission has ordered a detailed probe against Delhi Development Authority for allegedly abusing its dominant position related to a residential plot scheme that was launched way back in 1981.
The detailed investigation has been ordered after finding that DDA prima facie violated competition norms.
To assess the complaint, CCI considered market for provision of services of development and sale of residential plots in the National Capital Territory of Delhi’ as the relevant one. The regulator’s investigation arm -Director General -would conduct the detailed probe into the matter.
DG would also probe the role of officials persons, who at the time of such contravention, were in-charge of and responsible for the conduct of DDA’s business.
During the course of investigation, if the involvement of any other party is found then those those entities would also be probed.
The complaint pertained to Rohini Residential Plot Scheme, 1981, under which the plots were to be allotted over a period of five years.
Full Content: Times of India
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