New Delhi/Mumbai: The Board of Control for Cricket in India (BCCI) has been fined over Rs 52 crore by the Competition Commission of India (CCI), India’s fair trade regulator, for anti-competitive conduct to increase the commercial interest of Indian Premier League’s (IPL) broadcasters.
In an order issued on Wednesday, the regulator asked the BCCI “not to place blanket restriction on organisation of professional domestic cricket league” by non-members.
BCCI has also been directed to file a report complying with the order within 60 days.
The 44-page order read, “Earlier, the Commission vide its order dated 8th February, 2013 had imposed a penalty of Rs 52.24 crore on BCCI,” the 44-page order read.
“Although, at present, the average of the relevant turnover for the last three financial years is slightly higher than the one which was considered by the Commission while passing the earlier order dated 8th February, 2013, the Commission prefers to maintain the penalty of Rs 52.24 crore, which comes to nearly 4.48 per cent of the average of the relevant turnover during the last three preceding financial years.”
According to the order, BCCI has been fined for its assurance to the broadcasters of the IPL that it “shall not organise, sanction, recognise, or support another professional domestic Indian T20 competition that is competitive to IPL, for a sustained period of ten years”.