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In response to a complaint filed by Indian National Shipowners' Association, Competition Commission of India (CCI) has initiated a detailed probe against Indian oil major, ONGC. The complaint filed, refers to one of the clauses about unilateral right to terminate the agreement in the Charter Hire Agreement (CHA) of the state-owned firm to be one-sided, unfair and abusive. ONGC is said to have contravened Section 4 of the Competition Act.
