{"id":11629,"date":"2017-11-30T12:29:16","date_gmt":"2017-11-30T12:29:16","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=11629"},"modified":"2017-11-30T12:29:16","modified_gmt":"2017-11-30T12:29:16","slug":"competition-commission-slaps-rs-52-crore-penalty-on-bcci","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/competition-commission-slaps-rs-52-crore-penalty-on-bcci\/","title":{"rendered":"Competition Commission slaps Rs 52-crore penalty on BCCI"},"content":{"rendered":"<p>New Delhi,<br \/>\nThe Competition Commission on Wednesday 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 IPL media rights.<\/p>\n<p>Earlier in 2013 also, the watchdog had penalised the cricket board.<\/p>\n<p>In its 44-page order, the Competition Commission of India (CCI) said the penalty of Rs 52.24 crore comes to nearly 4.48 per cent of the average of the BCCI\u2019s relevant turnover during the last three financial years.<\/p>\n<p>The average turnover of Rs 1,164.7 crore is for three financial years \u2014 2013-14, 2014-15 and 2015-16.<\/p>\n<p>\u201cThe assessment of the Commission clearly brings out that the impugned clause in the IPL (Indian Premier League) Media Rights Agreement has been pursued by BCCI consciously to protect the commercial interest of the bidders of broadcasting rights as well as the economic interest of BCCI,\u201d it said.<\/p>\n<p>In February 2013, the watchdog had slapped a fine of Rs 52.24 crore on the BCCI.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>New Delhi, The Competition Commission on Wednesday 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 IPL media rights. Earlier in 2013 also, the watchdog had penalised the cricket board. In its 44-page order, the Competition Commission of India (CCI) said [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":11630,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[122],"tags":[],"class_list":["post-11629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/11629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=11629"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/11629\/revisions"}],"predecessor-version":[{"id":11631,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/11629\/revisions\/11631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/11630"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=11629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=11629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=11629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}