CCI dismisses case against real estate developer – M3M

The Competition Commission of India (CCI) dismissed an Information, against M3M India Private Limited (M3M), alleging abuse of dominance by constructing an additional tower in its residential project M3M Merlin in complete violation of the initial sanctioned plan. Informant alleged that the initial plan included a low-rise Economically Weaker Section (EWS) building on one corner; however M3M revised the layout and started construction of the additional tower without obtaining approval from the M3M Merlin’s residents. However, the CCI noted that in the relevant market of “provision of services of development and sale of residential flats in Gurgaon” there are several other real-estate developers like DLF, Emaar India, Godrej Properties, Ansal API etc. which impose significant competitive constraints on the M3M, thus no dominance of M3M can be established. (Case No.02/2023)