News Update

CBIC revises tariff value of edible oils, gold & silverFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerCentre receives Rs 18.5 lakh crore tax revenue upto Feb monthUN says Households waste across world is now at least one billion meals a dayExpert Committee on developing GIFT IFSC as 'Global Finance and Accounting Hub' submits report to IFSCAIndia, China hold fresh dialogue for complete disengagement on Western borders: MEADefence Production issues notification for re-organisation of DGQAThakur says India is prepared for 2036 OlympicsCBDT substitutes Form in ITR-5EV Revolution: Lessons for India to learn from US and China!London court green-signals auction of luxury apartment of fugitive Nirav ModiGovt consults RBI; finalises borrowing plan for first half of FY 2024-25Gadkari says Farmers’ protest is politically-motivatedVP calls upon women entrepreneurs to be 'Vocal for Local'America offers USD 10 mn bounty for information on ‘Blackcat’ hackers after UnitedHealth gets hitI-T- The order of the ITSC can only be reopened in cases of fraud or misrepresentation: HC8 persons including Hezbollah militants killed in Israeli strike on LebanonMacron pillories EU-South Africa trade deal; calls it ‘really bad’ in BrazilThailand’s Lower House okays Bill to legitimise same-sex marriageYellen warns China against clean energy dumpingMilky Way’s central black hole - Twisted magnetic field observedCus - Assessee has not proved beyond reasonable doubt that goods in question imported under air way bills/bills of entry were in fact filed by him and hence the only natural corollary available to Revenue is confiscation of same: CESTATSmall investors help Trump Media’s valuation skyrocket to USD 13 billionJustice Ritu Raj Awasthi joins as Judicial member of Lokpal
 
CCI imposes Rs 16.8 lakh penalty on Karnataka Film Chamber of Commerce

By TIOL News Service

NEW DELHI, JULY 30, 2015: THE CCI has found Karnataka Film Chamber of Commerce(KFCC), Karnataka Television Association (KTVA) and Kannada Film Producers Association (KFPA) in contravention of Section 3 of the Competition Act, 2002.The Informant, an association of viewers within the State of Karnataka, had approached the Commission alleging anti-competitive conduct by various association in the State of Karnataka in not allowing dubbed content in the form of films and TV serials.

Consequent upon detailed investigation by the Director General, the Commission concluded that the KFCC,KTVA and KFPA ,were involved in the practice of preventing the release /telecast of dubbed Films/TV serials in the State of Karnataka. The Commission further found that the prohibition on the exhibition of dubbed content, both films and /or TV programmes, prevents the competing parties in pursuing their commercial activities. These association urged that the dubbed content destroys the local language and culture and deprives the local artists of the opportunities .The Commission found no merit in the justification offered by these erring associations and they were found to be indulging in anti competitive conduct in contravention to the Section 3 of the Competition Act.

Accordingly the Commission directed KFCC, KTVA and KFPA to cease and desist from indulging in practices which were found to be anti- competitive. The Commission took note of its early orders against KFCC where it was found to be acting in an anti –competitive manner. Considering the recurring violation of the provisions of the Act and the complete disregard to the competition law principles by KFCC , the Commission imposed a penalty of Rs 16,82,204/-(Rupees Sixteen lakh eighty two thousand two hundred and four only)-calculated at the rate of 10% of its average income on KFCC.

Further penalty of Rs 1,74,293/-(Rupees One Lakh Seventy Four Thousand two hundred and ninety three only ) and Rs 1,68,124/-(Rupees one lakh sixty eight thousand one hundred and twenty four only)-calculated at the rate of 8% of the average income of KTVA and KFPA , respectively, were imposed on them.


POST YOUR COMMENTS
   

AR not Afar by SK Rahman

TIOL Tube Latest

Shri Shailendra Kumar, Trustee, TIOL Trust, giving welcome speech at TIOL Awards 2023




Shri M C Joshi, Former Chairman, CBDT




Address by Shri Buggana Rajendranath, Hon'ble Finance Minister of Andhra Pradesh at TIOL Awards 2023