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Tag: CCI

DLF fined Rs 630 crore by Competition Commission of India

August 16, 2011August 20, 2014Editor

The Competition Commission of India has imposed a penalty of Rs 630 crore on real estate developer DLF, for abusing its dominant position.

The commission said that DLF had a dominant position in the market for high-end residential properties in Gurgaon, and it imposed unfair conditions on consumers who had booked flats in these properties.

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