DLF to challenge Competition Commission order

Largest real estate firm DLF is planning to move the Competition Appellate Tribunal by early next week, to appeal against the CCI's (Competition Commission of India) order imposing a Rs 630-crore penalty on the DLF.

DLF is consulting with law firms. The developer may try to defend itself against the observation made by CCI that  DLF was the market leader in Gurgaon.
DLF had the highest market share of overall residential development in Gurgaon in 2008 and 2009 at 11.8% 11.9% respectively.
The Competition Appellate Tribunal takes about 12-18 months to deliver a verdict

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