The Competition Appellate Tribunal (COMPAT) has overturned a finding of abuse of dominance against Schott Glass India, a subsidiary of German specialty glass manufacturer, Schott.
In March 2012, the Competition Commission of India (CCI) had imposed a penalty of ₹56.5 million (US$940,000), equal to 4% of Schott India’s average turnover during 2007-10 for abusing its dominant position in the market for neutral USP-I borosilicate glass tubes. The CCI had also directed Schott India to cease and desist from the practice of offering discounts linked to the volume of tubes bought by downstream convertors of tubes into ampoules.
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