Hindalco, Vedanta freed of abuse of dominance charges by Indian watchdog

By Freny Patel ( June 6, 2025, 07:01 GMT | Insight) -- Allegations of abuse of dominance filed against India's leading copper suppliers, Hindalco Industries and Vedanta, were dismissed by the country's antitrust watchdog. Airen Metals and Airen Copper alleged the two suppliers collectively controlled an estimated 75 percent of India's refined copper market, imposed unfair and discriminatory conditions on buyers and prematurely invoked bank guarantees. The Competition Commission of India concluded that there was no prima facie case of contravention under the 2002 Competition Act and that the concept of "collective dominance" was not recognized under the Act.Allegations of abuse of dominance filed against India's leading copper suppliers, Hindalco Industries and Vedanta, were dismissed by the country's antitrust watchdog....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.

Know what others in the room don’t, with features including:

Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Hindalco, Vedanta freed of abuse of dominance charges by Indian watchdog

Prepare for tomorrow’s regulatory change, today

Related Sections