Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
July 23, Monday 2018 1:59 AM       

       HEADLINES: CPM set to expand LDF                                              Man stabs son to death                                              Security beefed up at nun’s convent, interrogation of bishop delayed                                              Withdrawing novel an embarrassment for Kerala, says Chennithala                                              VS discharged from hospital                                              Three militants killed in Kashmir encounter                                              Two arrested for killing sister-in-law                                              Herald case: Vora moves court seeking to restrain Swamy                                              Actor Siddharth Shukla's BMW rams into three cars                                              BJP submits privilege notice against Rahul Gandhi for 'misleading' Parliament                                              Lawyers meet jailed Sharifs                                              One dead in US supermarket shooting, suspect arrested                                              Israel's LGBT community protests for fathers' surrogacy rights                                              Key to Root's ODI success was picking Kuldeep from his hand: Tendulkar                                              Bumrah's surgery in England ‘not a great success’, fitness before Tests in doubt                                              Kaumudi Facebook
       SPORTS Next Article: Kohli & Co's request to COA for pay hike will need GB approval  
       Will move court if needed: Rajeev Shukla on CCI order
 
         Posted on :20:48:56 Nov 29, 2017
   
A A
       Last edited on:20:48:56 Nov 29, 2017
         Tags: move court, Rajeev Shukla, CCI order
 
New Delhi:  IPL chairman Rajeev Shukla, on Wednesday said that if needed, he will move court against the Competition Commission of India's (CCI) order, which imposed fine of Rs 52.24 crore on the Board of Control for Cricket in India (BCCI) for anti-competitive conduct in the IPL Media Rights.
 
Shukla, while talking to ANI, said, "We will legally understand it [CCI order], examine it and if need be, we will appeal against it in the court."
 
Earlier in the day, the CCI imposed fine of Rs 52.24 crore on the Board of Control for Cricket in India (BCCI) for anti-competitive conduct in the IPL Media Rights agreement.
 
The order against BCCI came after CCI found the cricket body using its dominant position for imposing restriction that deny access to the market for organisation of professional domestic cricket league or events.
 
Earlier in 2013, the Commission had imposed the same amount of penalty on BCCI.
 
An order issued by the CCI read that the CCI has found BCCI to be in "contravention of the provisions of Section 4(1) read with Section 4(2)(c) of the Competition Act, 2002 (Act) for its assurance to the broadcasters of Indian Premier League (IPL) that BCCI shall not organise, sanction, recognise, or support another professional domestic Indian T20 competition that is competitive to IPL, for a sustained period of ten years."
 
It also said, "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."
 
Although, at present, the average of the relevant turnover for the last three financial years of the BCCI is slightly higher than the one which was considered by the Commission while passing the earlier order.
 
The Commission prefers to maintain the penalty of Rs. 52.24 crore, which comes to nearly 4.48 percent of the average of the relevant turnover during the last three preceding financial years.
 
However, CCI has directed BCCI to deposit the aforesaid penalty amounts within 60 days of the receipt of this order. 
A A
       SPORTS
Next Article: Kohli & Co's request to COA for pay hike will need GB approval
 
 
SPORTS HEADLINES
Bumrah's surgery in England ‘not a great success’, fitness before Tests in doubt  
Key to Root's ODI success was picking Kuldeep from his hand: Tendulkar  
David Warner returns to cricket in Australia in Darwin  
Ramanathan enters semifinals, Paes out of Hall of Fame Open  
Heat wave has Tokyo residents concerned about Olympics  
Root and Morgan clinch decider for England in ODI series  
Team from India to play in Neymar Jr's Five World Final  
With flags, song, pride, French celebrate unifying victory  
I feared Serena might die, says husband  
France ends 20-year itch, lifts second FIFA World Cup  
Dhoni booed by Indian spectators during 2nd ODI  
Griezmann happy if France win World Cup 'ugly'  
Epic Djokovic stuns Nadal to reach Wimbledon final  
Epic Djokovic stuns Nadal to reach Wimbledon final  
Hima ends campaign after anchoring relay team to junior national record  
It's been like a dream so far: Das  
Rathore to skip Asian Games torch relay, IOA invites Goel  
Terror fears high, Paris police brace for World Cup risks  
We might be tempted to play Kuldeep, Chahal in Tests too: Kohli  
Wimbledon: Federer out, Anderson enters semi-final  
People should recognise that I'm one of the world's best'  
India vs Eng first ODI: England stands at 82 runs for loss of three wickets  
FIFA WC: Croatia reach final for first time, beat England 2-1  
Home Ministry has cleared Pakistan's participation at Asian jr championship: WFI  
Eyeing a sixth world title, Mary Kom for 'smart' training  
 
Do you support women's entry in Sabarimala?
Yes
 
No
 
Don't Know
 
 
 
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