The Competition Act, 2002
27. Orders by
Commission after inquiry into agreements or abuse of dominant position.-
Where after inquiry
the Commission finds that any agreement referred to in section 3 or action of
an enterprise in a dominant position, is in contravention of section 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 dominant position, as the case may be;
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 agreement referred to in section 3 has been
entered into by any cartel, the Commission shall impose upon each producer,
seller, distributor, trader or service provider included in that cartel, a
penalty equivalent to three times of the amount of profits made out of such
agreement by the cartel or ten per cent. of the average of the turnover of the
cartel for the last preceding three financial years, whichever is higher;
c.
award
compensation to parties in accordance with the provisions contained in section
34;
d.
direct
that the agreements shall stand modified to the extent and in the manner as may
be specified in the order by the Commission;
e.
direct
the enterprises concerned to abide by such other orders as the Commission may
pass and comply with the directions, including payment of costs, if any;
f.
recommend
to the Central Government for the division of an enterprise enjoying dominant
position;
g.
pass
such other order as it may deem fit.