CCI imposes Rs. 52.24 crore penalty on BCCI
December 1st, 2017
The Competition Commission (CCI) imposed a fine of Rs 52.24 crore on the Board of Control for Cricket in India (BCCI) for anti-competitive practices with respect to the Indian Premier League. CCI had penalized the BCCI for the same amount in February 2013 as well. CCI had said this penalty comes to nearly 4.48% of the average of the BCCI’s relevant turnover during the last 3 financial years.