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TMI BlogThe Competition Commission of India (Determination of Cost of Production) Regulations, 2009X X X X Extracts X X X X X X X X Extracts X X X X ..... h day of August, 2009 No. L-3 (5)/Reg-Cost/2009-10/CCI.-In exercise of powers conferred by clause (a) of sub-section (2) of section 64 of the Competition Act, 2002 (12 of 2003), the Competition Commission of India hereby makes the following regulations, namely: - 1. Short title and commencement. - (1) These regulations may be called the Competition Commission of India (Determination of Cost of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble cost" means the total cost referred to in clause (i) minus the fixed cost and share of fixed overheads, if any, during the referred period; iii. "total avoidable cost" means the cost that could have been avoided if the enterprise had not produced the quantity of extra output during the referred period; iv. "average avoidable cost" is the total avoidable cost divided by the total output con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... all have the same meaning respectively assigned to them in the Act or the Companies Act, 1956 (1 of 1956), as the case may be. 3. Determination of cost. - (1) "Cost" in the Explanation to section 4 of the Act shall, generally, be taken as average variable cost, as a proxy for marginal cost: Provided that in specific cases, for reasons to be recorded in writing, the Commission may, depending on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the documents submitted to the Commission or the Director General, as the case may be, shall be duly considered in accordance with the procedure laid down in the Competition Commission of India (General) Regulations, 2009. 6. Removal of difficulty. - In a situation not provided for in the Act, rules or these regulations or in the matter of their interpretation, the procedure for determining t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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