Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
February 21, Wednesday 2018 10:09 PM       

       HEADLINES: CAG can examine Vizhinjam port agreement, govt to apprise HC                                              RMP protests in Delhi                                              SC stays action against ‘Oru Addar Love’ song                                              HC disqualifies Consumerfed MD                                              CPM men allegedly beat up Congress men for raising relief fund for Shuhaib’s family                                              Kamal Haasan visits residence of Abdul Kalam before launch of party                                              CBI arrests PNB GM in $1.8bn fraud case                                              India expresses dismay over emergency extension in Maldives                                              Investigate Obama administration over Russia meddling: Trump                                              Indian Peacekeepers provide veterinary support to farmers in South Sudan                                              Santosh Trophy final phase to kick-off in Kolkata                                              Centurion T20I: Match washed out, Indian eves hold the lead                                              Centurion T20I: Proteas win toss, put India to bat first                                              Kaumudi Facebook
       SPORTS Next Article: Will move court if needed: Rajeev Shukla on CCI order  
       Competition Commission slaps Rs 52-cr penalty on BCCI
 
         Posted on :21:24:24 Nov 29, 2017
   
A A
       Last edited on:21:24:24 Nov 29, 2017
         Tags: Competition Commission slaps Rs 52-cr penalty
 
New Delhi: The Competition Competition on Wednesday imposed a fine of Rs 52.24 crore on the Board of Control for Cricket in India (BCCI) for anti-competitive practices with respect to the Indian Premier League.
 
The watchdog had penalised the cricket body for the same amount in February 2013 as well, but that penalty was set aside by the appellate tribunal after an appeal by the BCCI.
 
In its 44-page order, the Competition Commission of India (CCI) said the penalty of Rs 52.24 crore comes to nearly 4.48 per cent of the average of the BCCI's relevant turnover during the last three financial years.
 
The average turnover of Rs 1,164.7 crore is for three financial years -- 2013-14, 2014-15 and 2015-16.
 
"The assessment of the Commission clearly brings out that the impugned clause in the IPL (Indian Premier League) Media Rights Agreement has been pursued by BCCI consciously to protect the commercial interest of the bidders of broadcasting rights as well as the economic interest of BCCI," it said.
 
In February 2013, the watchdog had slapped a fine of Rs 52.24 crore on the BCCI.
 
Although at present, the average of the relevant turnover is slightly higher than the one which was considered by the CCI while passing the order in February 2013, the regulator said it prefers to maintain the penalty amount.
 
For the case, the CCI considered 'organisation of professional domestic cricket leagues/ events in India' as the relevant market.
 
According to the order, BCCI being a not-for-profit organisation and its revenue being ploughed back into cricket are general features of any sports federation and the same cannot be taken as mitigating factors as proposed by the cricket body.
 
"Similarly, the Commission does not find merit in the argument that there is no actual instance of refusal to any proposal for organisation of domestic leagues similar to IPL.
 
"After assuming monopoly of IPL for a sustained period of ten years by excluding all potential competition, there is no reason for BCCI or anyone to expect a proposal for organisation of a similar league," the regulator said.
 
The regulator noted that denial of market access is one of the severe forms of abuse of dominant position.
 
Following an appeal, erstwhile Competition Appellate Tribunal (Compat) had set aside the CCI's order passed in February 2013 and asked the regulator to look into the matter afresh.
 
The tribunal had set aside the order in February 2015.
 
Subsequently, the regulator had directed its investigation arm Director General (DG) to conduct further probe. The DG had filed its supplementary investigation report in March 2016.
 
After taking into consideration the supplementary report and submissions by the cricket body, the CCI has passed the latest order.
A A
       SPORTS
Next Article: Will move court if needed: Rajeev Shukla on CCI order
 
 
SPORTS HEADLINES
Centurion T20I: Proteas win toss, put India to bat first  
Centurion T20I: Match washed out, Indian eves hold the lead  
Santosh Trophy final phase to kick-off in Kolkata  
Federer starts fourth stint as World No.1  
I-League: Minerva face daunting task against Gokulam  
Sardar Singh to lead India in Sultan Azlan Shah Hockey Cup  
‘Out-of-favour’ Usman Qadir plan to represent Australia in 2020 World T20  
Cricket can melt ice between India and Pak: Afridi  
Ashwin, Gibbs involved in Twitter spat  
J'burg T20: Bhuvi's fiver seals victory for India  
J'burg WT20I: SA win toss, ask Indian eves to bat first  
J'burg T20I: India look to extend dominance against Proteas  
ISL: Kerala Blasters pips North East United 1-0  
KCA president P Vinod resigns  
Kohli will score 62 ODI tons: Predicts Sehwag  
Federer becomes oldest world No.1 in tennis  
Centurion ODI: Kohli’s 35th ton helps India sweep series 5-1  
Tendulkar made T20 Mumbai League's brand ambassador  
Centurion ODI: India bags Proteas for 204 all out in final ODI  
Centurion ODI: India opt to field first in dead-rubber  
East London T20I: Indian eves elect to field first against Proteas  
Wrestler Amanpreet reports to WWE, says no better platform to empower myself  
Finch, Maxwell to miss start of IPL 2018  
Playing WC qualifiers at home will help us: Zimbabwe's Brendan Taylor  
ATP to probe 'racial prejudice' allegations  
 
Do you think the arrested persons in Shuhaib murder case are real culprits?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy