This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

J&K Bank wins antitrust case as Indian watchdog cites limits of competition law

By Freny Patel ( May 1, 2025, 00:04 GMT | Insight) -- Jammu and Kashmir Bank has been cleared of allegations of anticompetitive practices with the Competition Commission of India. The CCI dismissed claims by two individuals who alleged that J&K Bank violated antitrust laws through agreements requiring employees of various government bodies and universities to hold salary accounts with the bank, and by establishing exclusive financing arrangements with auto dealers. The complaint also cited an agreement related to government subsidies and a mandatory fixed deposit for locker facilities, which the CCI deemed "misplaced."The Jammu and Kashmir Bank has been cleared of allegations of anticompetitive practices by the Indian 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

Related Sections