CCI imposes Rs52.24 crore penalty on BCCI - News Summed Up

CCI imposes Rs52.24 crore penalty on BCCI


BCCI had assured IPL broadcasters that it would not organize, sanction, recognize or support any other professional domestic T20 competition for a period of 10 years. Photo: Aniruddha Choudhury/MintNew Delhi: The Competition Commission of India (CCI) on Wednesday imposed a penalty of Rs52.24 crore on the Board of Control for Cricket in India (BCCI) for abuse of its dominant position to deny access to others looking to organize professional domestic cricket leagues. The cricket body was ordered to cease and desist from indulging in such anti-competitive conduct and not place a blanket restriction on organization of professional domestic cricket leagues by non-members. BCCI has also been directed to file a report complying with the order within 60 days. BCCI has also been asked to issue a clarification regarding the rules applicable for organization of professional domestic cricket leagues either by BCCI members or non-members, and lay down parameters based on which applications can be made.


Source: Mint November 29, 2017 12:11 UTC



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