CCI PENALISES ADANI GREEN ENERGY AND TATA POWER COMPANY FOR GUN-JUMPING

Published On: 04/05/2022

Practice Area: Competition Law

Authors:

After almost 2 years of a pandemic induced hiatus, the CCI has recently taken cognizance of gun-jumping and imposed penalties of INR 5 lakhs (approximately USD 6,600) and INR 15 lakhs (approximately USD 19,700) on Adani Green Energy Limited and Tata Power Company Limited, respectively. INDUSLAW's Avimukt Dar, Unnati Agrawal and Parth Sehan analyse the regulator’s observations and provide their insights on the order.