NCLAT upholds CCI order on Adani Gas for abuse of dominant position

NEW DELHI: The NCLAT has upheld the fair trade regulator CCI’s order, holding Adani Gas Limited (AGL) “guilty of of abuse of dominant position” while supplying piped natural gas to industrial customers in Faridabad.

However, a two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya reduced the quantum of penalty from four per cent of the average annual turnover of the relevant three years to one per cent, observing that it would be “commensurate with and proportionate to the level of proved abusive conduct of AGL”.