Competition Commission

Amazon, Walmart's Flipkart unlikely to respond to key queries in Competition Commission's study

Amazon.com Inc and Walmart Inc’s Flipkart are unlikely to fully participate in an Indian antitrust body’s study of the e-commerce sector for fear of revealing trade secrets, two people with direct knowledge of the matter said

L&T gets Competition Commission of India's approval for majority stake acquisition in Mindtree

L&T has acquired Cafe Coffee Day-owner V G Siddhartha's 20.32 percent stake in Mindtree and has also placed an order with brokers to pick up another 15 percent shares from the open market.

Competition panel slaps Rs 1 cr-penalty on Godrej & Boyce, officials for cartelisation of dry cell batteries market

In an order, CCI said that Godrej & Boyce and Panasonic Energy India along with their officials contravened Section 3 of the Companies Act by indulging in cartelisation, and are liable under the Act.

Competition Commission clears Hitachi Payment's 26% stake buy in SBI Payment Services

The competition watchdog in a tweet on Friday said it "approves the acquisition of 26 percent equity share capital of SBI Payment Services Private Limited by Hitachi Payment Services Private Limited".

TDSAT strikes down TRAI's predatory pricing rule; verdict brings relief for Airtel, Vodafone Idea

TDSAT said that TRAI could not impose financial disincentives and ordered it to rework the predatory pricing rules within six months.

Competition Commission approves LIC's majority stake buy in debt-laden IDBI Bank

In a tweet on Tuesday, the fair trade regulator said it has approved "acquisition of up to 51 percent equity share capital in IDBI Bank Ltd by Life Insurance Corporation of India".

Competition Commission of India probes alleged fixing of airfares, looks at algorithms used by airlines

CCI is investigating allegations of similar pricing as well as a simultaneous increase in ticket prices by the airlines.

Competition Commission of India approves ArcelorMittal's acquisition of debt-ridden Essar Steel

Earlier this month, ArcelorMittal had offered Rs 42,000 crore to acquire Essar Steel, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.

Ultratech gets Competition Commission of India's nod to acquire cement business of Century Textiles and Industries

UltraTech had said it would acquire the cement business of BK Birla Group company Century Textiles and Industries through a share swap deal

CCI dismisses complaint against Tamil Nadu Civil Supplies Corp, 2 officials with regard to bidding conditions

For the case, the CCI considered the markets for procurement of Canadian yellow lentil, palmolein oil and egg for noon meal scheme in India, as relevant ones.