Competition Commission's Penalty on DLF and Likely Effects on Indian Real Estate Industry |Business Ethics|Case Study|Case Studies

Competition Commission's Penalty on DLF and Likely Effects on Indian Real Estate Industry

            
 
Business Ethics Case Studies|MBA Management Case Studies |Business Ethics Case Study|Ethics Case Studies

ICMR HOME | Case Studies Collection

Case Details:

Case Code : BECG120
Case Length : 13 Pages
Period : 2011
Organization : DLF
Pub Date : 2012
Teaching Note : Available
Countries : India
Industry : Real Estate

To download Competition Commission's Penalty on DLF and Likely Effects on Indian Real Estate Industry case study (Case Code: BECG120) click on the button below


Buy With PayPal

Amount to be paid:



Prefer to pay in another currency ?
Select Currency for Payment



Exchange Rates: Click Here
Delivery Details: Click Here

Business Ethics Case Studies
Case Studies Collection
ICMR Home
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Case Studies by Area
Case Studies by Industry
Case Studies by Company

Google
Webicmrindia.org


Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

<< Previous

In what was expected to have a major impact on the Indian real estate industry, the Competition Commission of India (CCI)1 imposed a penalty of Rs. 6300 million (US$1 equaled approximately Rs. 52 in late 2011) on DLF, the largest realty firm in the country, in August 2011 after finding it guilty of abusing its dominant position2.

The Belaire Owners' Association (BOA), representing the apartment buyers of The Belaire Housing Complex, had filed a case against DLF, the builder of the complex with the CCI on May 5, 2010. BOA alleged that DLF had incorporated one-sided conditions in the sale agreement using its dominant position, and also that it had failed to complete the project within the promised time frame.3

Business Ethics Case Studies | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies

Though DLF appealed against the CCI order in the Competition Appellate Tribunal, analysts opined that the CCI verdict would have a major impact on the Indian real estate industry as this was the first instance of an owners' association approaching the CCI. A judgment in the BOA's favor would encourage many other owners' associations to approach the courts on similar grounds as dishonoring delivery schedules was a common practice among real estate companies in India.4

Real Estate Market in India - Next Page>>


1] The Competition Commission of India was established under the Competition Act, 2002, to ensure fair and healthy competition in economic activities and to implement the competition policies to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers, and to ensure freedom of trade carried on by other participants in markets in India.
2] Dilasha Seth and Nivedita Mookerji, "Verdict May Open Pandora's Box in Real Estate Sector," www.business-standard.com, August 18, 2011.
3] Dilasha Seth and Nivedita Mookerji, "Verdict May Open Pandora's Box in Real Estate Sector," www.business-standard.com, August 18, 2011.
4] Dilasha Seth and Nivedita Mookerji, "Verdict May Open Pandora's Box in Real Estate Sector," www.business-standard.com, August 18, 2011.


Google





Business Ethics and Corporate Governance Textbook
Text Book - Rs. 500
Textbooks Collection

Business Ethics and Corporate Governance Workbook
Work Book - Rs. 500
Workbooks Collection

Case Studies in Business Ethics - Vol. I

e-Book in Business Ethics
e-Book in Business Ethics

Case Study Volumes Collection

 

Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.