Court restrains CCI in probe against JCB

V. Rishi Kumar Hyderabad | Updated on October 01, 2014 Published on October 01, 2014

The Delhi High Court has stayed further proceedings by the Competition Commission of India against the construction equipment major JCB India, part of the UK-based multinational JC Bamford Excavators Ltd.

The CCI had recently conducted a raid on JCB premises. This was part of a probe initiated by CCI based on a complaint by Bull Machines, contending that JCB had misused its dominant position to put off competition.

In a recent order passed by the High Court, the Director-General, Competition Commission of India, has been asked to file a personal affidavit indicating the material available and the reasons that prompted him to take the drastic action.

It ordered that the material placed before the magistrate is separately placed before the court on the next date of hearing.

The Court had earlier raised issues about the substantial question of jurisdiction of respondent No.1 to entertain petitions in the proceedings.

Citing the case of Telefonaktibolaget LM Ericsson Verses CCI, the Court stayed further proceedings in the matter and also directed that all the hardware seized by the CCI would be placed in a sealed cover and kept in safe custody by respondent No.1.

Responding to the development, JCB in a statement said, “We are pleased with the outcome.”

“JCB invests heavily in product research and development and as a reputable global manufacturer of construction equipment, the company will always protect its intellectual property and take all necessary steps to prevent product copying.”

It further said, “JCB will defend its reputation for innovative product design, a reputation that has been earned over many decades through investment in R&D and the hard work of many people who work for JCB, both in India and elsewhere in the world.”

Published on October 01, 2014

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.