Wednesday, Apr 24 2024 | Time 21:52 Hrs(IST)
image
Business EconomyPosted at: Mar 24 2017 7:27PM


CCI finds conduct and practice of AMMA, FEFKA unfair; imposes heavy penalty

New Delhi, Mar 24 (UNI) Competition Commission of India (CCI) has imposed a penalty of Rs. 4,00,065, Rs. 85,594, Rs. 3,86,354 and Rs. 56,661 on Association of Malayalam Movie Artists (AMMA), Film Employees Federation of Kerala (FEFKA), FEFKA Director’s Union, FEFKA Production Executive’s Union respectively calculated at the rate of 5 per cent of their average income.
Further, Rs. 51478, Rs. 19113, Rs. 66356, Rs. 32026, Rs. 27737 was imposed as penalty upon Innocent, Edavela Babu, Sibi Malayil, B. Unnikrishnan and K. Mohanan respectively.
The Informant, T. G. Vinayakumar, a movie director, had approached CCI alleging anti-competitive conduct by the above associations. On different occasions, the said associations allegedly tried to force various actors, technicians, producers, financiers, not to work or associate with the Informant in any of his project due to the Informant’s efforts to streamline working conditions of artists and for the initiative ‘Cinema Forum’, which envisaged collaboration between film makers and distributors to make low budget movies with new actors.
Consequent upon detailed investigation by Director General, Competition Commission of India (CCI) found that FEFKA as a mighty organisation in the Malayalam film industry consisting of 17 sub-unions engaged in different facets of filmmaking and due to the ban imposed by FEFKA and AMMA on the Informant, many of the artists and technicians were not able to deal with the Informant or any other non-member.
Such anti-competitive practise was held to have an appreciable adverse effect on the Malayalam film industry. Accordingly, the Commission found the impugned decisions and practice of AMMA, FEFKA, FEFKA Director’s Union, FEFKA Production Executive’s Union and their five responsible Office Bearers viz. Innocent, Edavela Babu, Sibi Malayil, B. Unnikrishnan and K. Mohanan were found to be in contravention of Section 3(3) of the Competition Act, 2002.
UNI ADP SHK 1925
Please log in to get detailed story.
Tags: #CCI finds conduct and practice of AMMA# FEFKA unfair; imposes heavy penalty
More News

KABIL signs MoU with CSIR-NGRI for geophysical investigations

24 Apr 2024 | 7:47 PM

Bhubaneswar, April 24 (UNI) Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.

see more..

Dish TV revolutionises entertainment with ‘Dish TV Smart+’ services

24 Apr 2024 | 7:31 PM

Kolkata, Apr 24 (UNI) Dish TV has taken a path-breaking initiative to redefine the entertainment experience in India.

see more..

TRAI recommends sharing of active, passive infra by telecom providers

24 Apr 2024 | 7:03 PM

New Delhi, April 24 (UNI) With a view to improve quality of services and reducing cost, the telecom regulator TRAI on Wednesday recommended sharing of active and passive infrastructure among telecom service providers, a move that would help setting up network quickly across the nation.

see more..

REC to provide loan of Rs 1869 cr to Chenab Valley Power Project in J&K

24 Apr 2024 | 6:38 PM

New Delhi, April 24 (UNI) State-owned non-banking finance company REC Limited has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which it will provide financial assistance of Rs 1,869.265 crore as a term loan.

see more..

Nissan establishes new Sales and Service network in Durgapur

24 Apr 2024 | 6:36 PM

Kolkata, Apr 24 (UNI) Nissan Motor India Pvt. Ltd. (NMIPL) on Wednesday unveiled a new state-of-the-art dealership and a service workshop at industrial Durgapur town in West Burdwan.

see more..
image