The Competition Appellate Tribunal on Monday set aside a Rs 52-crore fine on the Board of Control for Cricket in India, for alleged irregularities in organizing the Indian Premier League.
Fair-trade watchdog Competition Commission of India had imposed the fine in February 2013.
On Monday, the tribunal’s chairman, G S Singhvi, said, “The matter is remitted to the commission for fresh disposal. The finding recorded by the commission on the issue of abuse of dominance is unsustainable. The information downloaded from the net and similar other material do not have any evidential value. The same could not have been relied upon by the commission without giving an opportunity to the appellant to dismiss the same.”
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