The Competition Commission of India (CCI) recently dismissed a complaint by the Confederation of Real Estate Brokers’ Association of India (CREBAI) alleging abuse of dominance by Magicbricks.com and four other real estate websites, holding that none of the websites are dominant in the relevant market, which it defined as the market for the services of real estate brokers and agents. The CCI held that “online and offline services of brokers cannot be distinguished” while defining the relevant market.
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The dispute digest is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.
