TMI BlogOrders by Commission after inquiry into agreements or abuse of dominant positionX X X X Extracts X X X X X X X X Extracts X X X X ..... ant position, is in contra vention of section 3 or section 4, as the case may be, it may pass all or any of the following orders, namely: ( a ) direct any enterprise or association of enterprises or person or association of persons, as the case may be, involved in such agreement, or abuse of dominant position, to discontinue and not to re-enter such agreement or discontinue such abuse of domi nant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 . For the purposes of this clause, the expression turnover or income , as the case may be, shall be determined in such manner as may be specified by regulations. Explanation 2 . For the purposes of this clause, turnover means global turnover derived from all the products and services by a person or an enterprise. ] ( c ) [ *** ] ( d ) direct that the agreements shall stand modified to the exten ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1. Substituted vide Competition (Amendment) Act, 2023 dated 11-04-2023 w.e.f. 06-03-2024 before it was read as, ( b ) impose such penalty, as it may deem fit which shall be not more than ten per cent of the average of the turnover for the last three preceding financial years, upon each of such person or enterprises which are parties to such agreements or abuse : [Provided that in case any agreemen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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