Tuesday, 19 March 2019

India watchdog says DP World trying to halt possible adverse probe findings | ZAWYA MENA Edition

India watchdog says DP World trying to halt possible adverse probe findings | ZAWYA MENA Edition:

India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.

The Competition Commission of India (CCI) told a Mumbai court that DP World's local unit had "prematurely" rushed to court to stall or delay the probe, according to a filing by the watchdog dated Jan. 30 and seen by Reuters.

The CCI filing has not been previously reported, and DP World did not respond immediately to an email requesting comment.

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