Latest News on Competition Commission
Showing of 0 - 10 from 34 results
Competition Commission - Total results - 34
Jan 16, 2019
Competition panel slaps Rs 1 cr-penalty on Godrej & Boyce, officials for cartelisation of dry cell batteries marketIn 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.
Dec 21, 2018
Competition Commission clears Hitachi Payment's 26% stake buy in SBI Payment ServicesThe 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".
Dec 14, 2018
TDSAT strikes down TRAI's predatory pricing rule; verdict brings relief for Airtel, Vodafone IdeaTDSAT said that TRAI could not impose financial disincentives and ordered it to rework the predatory pricing rules within six months.
Nov 27, 2018
Competition Commission approves LIC's majority stake buy in debt-laden IDBI BankIn 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".
Nov 01, 2018
Competition Commission of India probes alleged fixing of airfares, looks at algorithms used by airlinesCCI is investigating allegations of similar pricing as well as a simultaneous increase in ticket prices by the airlines.
Sep 20, 2018
Competition Commission of India approves ArcelorMittal's acquisition of debt-ridden Essar SteelEarlier 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.
Aug 22, 2018
Ultratech gets Competition Commission of India's nod to acquire cement business of Century Textiles and IndustriesUltraTech had said it would acquire the cement business of BK Birla Group company Century Textiles and Industries through a share swap deal
Aug 08, 2018
CCI dismisses complaint against Tamil Nadu Civil Supplies Corp, 2 officials with regard to bidding conditionsFor 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.
Jun 05, 2018
Competition watchdog orders probe against world’s richest cricket board BCCI for 'abuse of dominant position'In a 14-page order, dated 1 June, the CCI said there is "prima-facie" a case of abuse of dominant position by the BCCI which is in violation of competition norms.
May 05, 2018
Flipkart is yet to finalise the Walmart deal, awaiting resolution of taxing related concernsFlipkart’s board had “in-principle” approved engaging with Walmart based on the terms of an offer before them, taxation related concerns and a few other issues need to be resolved.