SUPREME COURT WEIGHS IN ON 'RELEVANT TURNOVER' FOR DETERMINING PENALTIES

Published On: 01/05/2017

Practice Area: Competition Law

Authors:

Avimukt Dar
The Supreme Court of India (the "Supreme Court") on May 8, 2017 held that the 'relevant turnover' and not the total turnover should be the basis for determination of penalties under the Competition Act, 2002 (the "Act").