Oct 27, 2022, at 05:00 am
In an effort to address likely anti-competition issues, media groups Zee and Sony have agreed to sell three channels -- Big Magic, Zee Action, and Zee Classic, that may arise post their proposed merger deal, according to media reports.
CCI slaps multi-crore penalties on MakeMyTrip, GoIbibo, OYO for anti-competitive arrangement
Oct 20, 2022, at 07:19 am
New Delhi: The Competition Commission of India (CCI) has imposed monetary as well as behavioral sanctions on MMT-Go (MakeMyTrip and GoIbibo) for abusing its dominant position and also for having an anti-competitive arrangement with OYO (Oravel Stays Limited), the anti-trust watchdog said Wednesday.
Amazon vs Future: SC to hear Amazon's plea on Oct 11
Sep 20, 2022, at 01:04 am
New Delhi: Supreme Court will hear the Amazon.com NV Investment Holding LLC (Amazon) plea challenging the June 13 NCLAT order, which upheld the anti-trust body CCI's ruling, on October 11.
CCI approves merger of HDFC Bank with HDC Ltd
Aug 14, 2022, at 08:53 pm
The Competition Commission of India (CCI) has approved the merger of HDFC Bank with its parent HDFC Ltd.
Govt to amend competition laws to give more teeth to CCI
Aug 08, 2022, at 06:33 pm
New Delhi: The government plans to bring some sweeping changes in India's anti-trust law through the Competition (Amendment) Bill, 2022.
Cloudatail denies controlling links with Amazon, opposes CCI raid
Aug 06, 2022, at 04:29 am
New Delhi: E-commerce seller Cloudtail India has challenged the CCI's April 28 raid on its premises, saying that Amazon has no controlling interest in it and the vendor cannot be linked to a case that was against the e-commerce platforms.
CCI allows acquisition of majority stake in SMW Ispat Pvt Ltd by OFB Tech Pvt Ltd
May 20, 2022, at 12:13 am
New Delhi: The Competition Commission of India (CCI) approves the acquisition of the majority stake in SMW Ispat Private Limited by OFB Tech Private Limited.
CCI approves merger of Serum Institute subsidiaries Biocon Biologics and CTPL
May 20, 2022, at 12:09 am
New Delhi: The Competition Commission of India (CCI) has approved the merger by absorption of Covidshield Technologies into Biocon Biologics in consideration for the acquisition of approximately 15 percent equity shareholding of Biocon Biologics by Serum Institute Life Sciences.
Lenders vote against Future Group's proposed deal with Reliance
Apr 23, 2022, at 04:21 pm
Future Group's plan to sell its retail and wholesale assets to Reliance Retail failed after the majority of the lenders of the flagship Future Retail Ltd (FRL) voted against such a takeover by Reliance, media reports said.
Zomato reacts over Competition Commission's probe
Apr 06, 2022, at 03:59 pm
New Delhi: Zomato has said the Competition Commission of India (CCI) wants to look into its trade practices like the preferential listing of restaurant partners and pricing parity and has prima facie not found concerns with respect to their independence on levy of commissions or alleged bundling of services, media reports said.
CCI approves acquisition of Micro Life Sciences by South Elm Investments B.V.
Mar 16, 2022, at 06:34 pm
The Competition Commission of India (CCI) approves the acquisition of Micro Life Sciences Private Limited by South Elm Investments B.V, an official release said.
CCI approves acquisition of equity stake in Future Generali by Generali Participations Netherlands
Mar 16, 2022, at 05:35 pm
India's the anti-trust watchdog Competition Commission of India (CCI) has approved the acquisition of equity stake in Future Generali India Insurance Company Limited by Generali Participations Netherlands N.V., an official release said.
CAIT files petition to block Amazon's bid to buy 100 pc stake in Cloudtail
Jan 15, 2022, at 02:09 am
New Delhi/UNI/IBNS: American e-commerce giant Amazon has landed in fesh trouble as Delhi-based Confederation of All India Traders (CAIT) on Friday has filed a petition before the Competition Commission of India (CCI) seeking to block Amazon's deal to acquire 100 per cent stake in Cloudtail.
Jan 12, 2022, at 08:41 am
Bengaluru/IBNS: Karnataka High Court has dismissed Google's petition challenging an order by The Competition Commission of India (CCI) rejecting the tech giant's request for access to the identity of developers who have provided evidence of being negatively affected by its Play billing system, media reports said.
Amazon files fresh law suits in dispute with Future group: Report
Jan 10, 2022, at 03:36 am
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Jolt for Future as Delhi HC dismisses plea seeking ending of arbitration proceedings with Amazon
Jan 05, 2022, at 02:47 am
New Delhi/IBNS: In a major setback to Future Group, the Delhi High Court has dismissed the pleas filed by Future Group of companies to terminate the arbitration proceedings with Amazon going on in Singapore International Arbitration Centre, media reports said.
Amazon seeks CCI's approval to acquire Catamaran's stake in Cloudtail
Dec 24, 2021, at 05:20 am
New Delhi/IBNS: Amazon has sought regulatory approval to acquire acquire Catamaran Venture’s entire stake in Prione Business Services, which owns Cloudtail, one of the largest sellers on the US-based ecommerce major’s Indian platform, Economic Times reported.
Dec 23, 2021, at 04:50 am
New Delhi/IBNS: The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday approved the signing of Memorandum of Understanding (MoU) between Competition Commission of India (CCI) and Competition Commission of Mauritius (CCM) for promotion and strengthening of co-operation in competition law and policy.
CCI cancels Amazon-Future deal
Dec 18, 2021, at 03:39 am
New Delhi/IBNS: Amazon suffered a setback Friday as the Competition Commission of India (CCI) suspended its deal with Future Group after reviewing complaints that US-based e-commerce giant concealed information while seeking regulatory approval, media reports said.
Karnataka High Court dismisses Flipkart, Amazon's plea against CCI probe on trade practices
Jun 13, 2021, at 03:16 am
Bengaluru/IBNS: The Karnataka High Court has dismissed a writ petition filed by e-commerce companies Flipkart and Amazon against a probe ordered by Competition Commission of India (CCI) against their business practices, said media reports.
Feb 28, 2019, at 03:07 pm
New Delhi, Feb 28 (IBNS): The Competition Commission of India (CCI) is organizing its 4th National Conference on Economics of Competition Law on Friday in New Delhi. CCI has been organising the Conference every year since 2016.
CCI reduced penalty on four bidders in Pune Municipal Corporation bid rigging case
May 02, 2018, at 08:50 pm
Mumbai, May 2 (IBNS): The central Ministry of Corporate Affairs said on Wednesday that the Competition Commission of India (CCI) has passed the final order imposing penalty on six firms for bid rigging/ collusion in five tenders floated by Pune Municipal Corporation.
CCI penalises three leading Indian dry cell manufacturers for anti-competitive conduct
Apr 20, 2018, at 09:19 pm
New Delhi, Apr 20 (IBNS): The Competition Commission of India (CCI) imposed penalty on three leading Indian zinc-carbon dry cell battery manufacturers for colluding to fix prices of zinc-carbon dry cell battery in India.
Vodafone and Idea welcome CCI merger clearance
Jul 26, 2017, at 01:03 am
New Delhi, July 25 (IBNS): Telecom majors Vodafone and Idea have welcomed the CCI's clearance to the merger.