New Delhi: Anti-competition watchdog Competition Commission of India (CCI) has imposed a penalty of over Rs8 crore on three entities of cable TV service operator Fast Way Group for abusing its dominant position in Punjab and Chandigarh.”The CCI has found Fast Way Group abusing its dominance in the cable TV service in the territory of Punjab and Chandigarh in violation of the provisions of the Competition Act, 2002,” CCI said in a statement . CCI has imposed penalty on the Group’s entities — Fast Way Transmission, Hathway Sukhamrit Cable and Datacom, Creative Cable Network — at the rate of 6% of their average turnover for the last three financial years, it added.
The order was passed after CCI carried out investigation on information filed by Kansan News that broadcasts news and current affairs TV channel ‘Day and Night News’ in Punjab, Haryana, Himachal Pradesh and Chandigarh, the statement said. The Commission held that the group has more than 85% of total subscribers in Punjab and Chandigarh and due to this not only every broadcaster, including the informant, is dependent on its network. Also the consumers of cable TV in Punjab and Chandigarh have huge dependency on Fast Way Group.