NSE failed but did CCI pass?

A battle involving the country's largest stock exchange, complex competition concepts, a dissenting judgment and a Rs 55.5 crore penalty - it has everything a landmark order can have. Last week, in the MCX-SX Vs. NSE case, the CCI held that NSE has abused its dominant position in the currency derivates segment to oust competitors. The order articulates CCI's analysis of core competition concepts - relevant market, dominance, predatory pricing and appropriate penalty.

CNBC-TV18's Payaswini Upadhyay gets experts to examine if the CCI lived up to the tenets of competition law in its first landmark judgment.
In 2008, MCX launched a stock exchange with permission to operate only in the currency derivatives segment. The only other player in that segment at the time was the National Stock Exchange