The Competition Commission of India(CCI) has decided to put a stop on its probe regarding allegations made by Reliance Jio against cartelisation of Airtel, Vodafone, and Idea Cellular until 28 July, states a report in The Economic Times.
The date of hearing has been shifted to 28 July where Idea Cellular had challenged CCI's decision to probe into the allegations made by Reliance Jio against the three telecom giants, at the Bombay High Court. According to a report in The Economic Times, Idea Cellular demanded a stay on the grounds that there was already the Telecom Regulatory Authority of India (TRAI) and a tribunal which looks into these issues.
According to the Press Trust of India, in early May, the CCI had ordered a detailed probe into the allegation made by the Reliance Jio, regarding the formation of a cartel amongst Airtel, Vodafone, Idea Cellular, and the Cellular Operator's Association of India (COAI), which was causing hindrance to the entry of Reliance Jio in the market. As per the order, Idea Cellular has asked for making amendments to its petition. Meanwhile, two weeks time has been granted to the respondents which include, Vodafone, Airtel, and Idea Cellular.
On June 22, the CCI had ordered a detailed investigation into the matter. Last year, Reliance Jio, had filed a complaint of anti-competitive practices against the industry body, COAI, and Airtel, Vodafone, Idea Cellular.
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Updated Date: Jul 02, 2017 13:20 PM