Competition Commission imposes Rs. 52.24 crore penalty on BCCI

On 29th November 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. The Competition Commission had penalised the BCCI for the same amount in February 2013 as well, but that penalty was set aside by the appellate tribunal after an appeal by the BCCI.  In its 44-page order, the Competition Commission of India (CCI) had said the penalty of Rs 52.24 crore comes to nearly 4.48 % of the average of the BCCI’s relevant turnover during the last three financial years.