The CCI, set up to eliminate practices that have an adverse effect on competition, had reportedly been investigating IPL deals for more than two years.
It's another setback for the cash-rich BCCI. It was served a $433 million income tax notice last year, and its IPL franchise, the Rajasthan Royals, was fined $18.8 million this week by India's Enforcement Directorate for flouting foreign exchange rules.