Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Biotech

11,661.8575.5
Stock Analysis, IPO, Mutual Funds, Bonds & More

CCI to hold off Monsanto probe for now

The CCI had initiated a probe against the company and the role of its officials and directors following a complaint by several local seed companies led by Nuziveedu Seeds.

, ET Bureau|
Apr 01, 2019, 11.32 PM IST
0Comments
BCCL
order
The Delhi High Court had on December 18, 2018 refused to stay the CCI order seeking information about the alleged anti-competitive practices by the company.
NEW DELHI: The Competition Commission of India will hold back for now a probe into alleged anti-competition trade practices of the Indian arm of the agri-business giant Monsanto. The self-imposed embargo will continue till April 24, the next date of hearing, the Supreme Court was told.

The CCI had initiated a probe against the company and the role of its officials and directors following a complaint by several local seed companies led by Nuziveedu Seeds. The Delhi High Court had on December 18, 2018 refused to stay the CCI order seeking information about the alleged anti-competitive practices by the company. Monsato then appealed the order in the top court.
Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service