30 May 2011

Competition Commission rules against National Stock Exchange (NSE)

What has been reported the last few day - the Competition Commission of India's final order finding the National Stock Exchange guilty of anti-comptetitive practices is available. Here is the full order - all 140 pages long. The Commission is yet to bring a ruling on the quantum and even more importantly the nature of penalty which it chooses to impose on NSE.

1 comment:

Anonymous said...

The NSE is a near monopoly in the indian market which shows in their dealings with investors and intermediaries. The officials at NSE truly reflect this status of NSE. In the indian context there should be more than one stock exchange and therefore this ruling is come at the right time. It is unfortunate that the regulators and the government ar hand in glove in promoting this exchange