CCI slaps a fine of Rs 630 crore on DLF for unfair trade practices

CCI slaps a fine of Rs 630 crore on DLF for unfair trade practices

The Competition Commission of India has imposed a penalty at the rate of 7 percent of the average of the turnover for the last three years on real estate giant DLF Ltd. The penalty amounting to Rs. 630 crore has been imposed for abuse of dominant position by drafting one sided agreement and imposing unfair conditions on the home buyers.

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