Thursday, November 1, 2012

Ajay Devgn sends legal notice to YRF

Ajay Devgn Ffilms (ADF), through their lawyers Naik & Naik have served Yash Raj Films (YRF) a notice in the Competition Commission, for using their dominant position in the Bollywood film market. And, using and abusing their clout to deny ADF their rightful due, for ADF's November 13 Diwali release, Son Of Sardaar. Our sources indicate that the notice was filed on October 18, three days prior to Yash Chopra's demise. But it was apparently served to YRF only last evening. The source says, "ADF was forced to take legal recourse because of monopolistic practices of YRF. Before the release of Ek Tha Tiger, in August 2012, YRF had reportedly used their dominant position in the market to enter into an arrangement with the exhibitors saying that they will give them Ek Tha Tiger only if the exhibitors agreed to reportedly give their Diwali release prominence over others.'' Ajay remained unavailable for comment. A copy of the notice is with us. And Son Of Sardaar is definitely releasing on November 13, this Diwali. Role of the Competition Commission of India The Competition Commission of India is a body of the Government of India that is responsible for enforcing the Competition Act 2002. This act is there to prevent activities that have an adverse effect on competition and was established in October 2003. The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations, which cause or are likely to cause an appreciable adverse effect on competition within India.

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