1. Competition Commission of India
 INTRODUCTION
 Competition Act 2002
 Preambles to The Competition Act
 Fine On DLF Of 630 Crores And Reasons
 Implications

2. INTRODUCTION
• A body of the Government of India responsible for
enforcing Competition Act 2002
• Prevent activities that have an adverse effect on
competition in India.
• Established on 14 October 2003.
• Fully functional in May 2009.
• Headed By Ashok Chawla

3. Competition Act 2002
It follows the philosophy of modern
competition laws
The Act prohibits anti-competitive agreements
Does assure that there is no abuse of
dominant position by enterprises and
regulates combinations

4. Preambles to the Act
• Make the markets work for the benefit and welfare
of consumers.
• Ensure fair and healthy competition in economic
activities in the country for faster and inclusive
growth
• Effectuate the most efficient utilization of economic
resources.
Ensure smooth alignment of Sectoral regulatory laws in
tandem with the competition law.

5. Reasons For Fine On DLF by CCI
• DLF, signed sale agreements that were
hopelessly one-sided.
• Beginning work on a residential project, The
Belaire, in Gurgaon Phase V.
• Moreover, they without approvals were
increasing the number of floors mid-way
through the project, delaying completion, and
forfeiting the booking amount of some buyers.

6. • The case relates to a complaint filed by The
Belaire Owners' Association in Gurgaon
against DLF in May 2010.
• DLF increased the number of floors to 29
from 19, increasing the number of apartments
to 564 from 384.
• DLF sold flats on 10 new floors of the
expanded project at a lower price than what
the earlier buyers had paid.
• DLF promised to complete it in 2009, but
more than two years later, buyers are yet to
get possession.

7. What Has This Fine Done?
• Open the door for other property owners to
approach the CCI and complain about unfair
or discriminatory practices adopted by real
estate companies.
• Firms Operating in the Real Estate Sector will
be aware of the Consequences of Carrying Out
Operations which are One-Sided.