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1 - 3 of 3 (0.15 seconds)Pandrol Rahee Technologies (Pvt.) ... vs Delhi Metro Rail Corporation Ltd. & Ors. ... on 7 October, 2011
18. As observed by the Commission in M/s Pandrol Rahee Technologies Pvt.
Ltd v. Delhi Metro Rail Corporation Ltd., Case No. 03 of 2010
competition concerns arise only in a particular market and for any market
to exist, there has to be at least one producer / seller and one consumer /
buyer who exchange a product or service for a price. Further, the market
exists because the product or service has certain embedded utility and
hence value. Competition laws are meant to ensure that competing
producers / sellers do not destroy free and fair competition that should
exist amongst them or do not exploit their consumers or competitors due to
market power. This principle applies to all entities within any production
chain. For any given product or service, the production chain can be said
to end where the last transaction takes place and after which point the
utility of the product or service is consumed by the person who buys it.
The buyer may itself be producing some other product or service which is
not part of the specific production chain of the first product, which is a
consumable for the buyer. But here, the buyer would have the status of a
consumer.
Csr Nanjing Puzhen Co. Ltd vs Kolkata Metro Rail Co. Ltd. & Ors on 24 November, 2010
In this connection, it may be pointed out that in CSR Nanjing Puzhen Co.
Ltd. v. Kolkata Metro Rail Corporation Limited & Ors., Case No. 54 of
2010 also almost on a similar set of allegations, the Commission closed the
matter against Kolkata Metro Rail Corporation Limited (KMRCL) by
observing as under:
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