Competition Commission Of India

Competition Commission Of India News

Air India plans to acquire 100% stake in AirAsia India, seeks approval from CCI
Business

Air India plans to acquire 100% stake in AirAsia India, seeks approval from CCI

AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd, which is part of Malaysia's AirAsia Group

Google moves Delhi High Court against antitrust body CCI following confidential report ‘leak’
News & Analysis

Google moves Delhi High Court against antitrust body CCI following confidential report ‘leak’

By approaching the Delhi HC, Google said it aims to prevent any “further unlawful disclosures” of confidential findings by the Competition Commission of India.

WhatsApp to Delhi HC: 'Will not compel users to opt for new privacy policy till data protection bill comes into force'
News & Analysis

WhatsApp to Delhi HC: 'Will not compel users to opt for new privacy policy till data protection bill comes into force'

WhatsApp says it would not limit the functionality for users who are not opting for new privacy policy in the meantime.

US defended Amazon after news report claimed company bypassed Indian law, favoured certain sellers
Business

US defended Amazon after news report claimed company bypassed Indian law, favoured certain sellers

Emails obtained through the US Freedom of Information Act showed that American officials prepared a note for John Kerry, a top envoy of President Joe Biden, ahead of his meeting with India's Commerce Minister Piyush Goyal

CCI approves merger of NAM Estates, Embassy One with Indiabulls Real Estate; Embassy Group's stake rises to 45%
Business

CCI approves merger of NAM Estates, Embassy One with Indiabulls Real Estate; Embassy Group's stake rises to 45%

The merged entity will have about 30 projects with Indiabulls Real Estate's shares valued at Rs 92.5 per share under the terms of the agreement

CCI approves e-commerce giant Flipkart's acquisition of 7.8 percent stake in Aditya Birla Fashion
Business

CCI approves e-commerce giant Flipkart's acquisition of 7.8 percent stake in Aditya Birla Fashion

Flipkart and Aditya Birla Fashion had announced the agreement in October 2020 in which Aditya Birla Fashion would be issuing a 7.8 percent stake to Flipkart on a preferential basis.

Google faces antitrust case in India to unfairly promote its mobile payments app in country
Business

Google faces antitrust case in India to unfairly promote its mobile payments app in country

India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters

CCI dismisses unfair business practices complaint against SBI, Patanjali, International Traders
Business

CCI dismisses unfair business practices complaint against SBI, Patanjali, International Traders

Fair trade regulator CCI on Thursday dismissed a complaint alleging abuse of dominant position by SBI and collusion with Patanjali Ayurveda and International Traders in a bidding process

CCI imposes Rs 302 cr penalty on Grasim Industries; company abuses dominant position in supply of staple fibre to spinners
Business

CCI imposes Rs 302 cr penalty on Grasim Industries; company abuses dominant position in supply of staple fibre to spinners

The Competition Commission has slapped a penalty of Rs 302 crore on Grasim Industries for abusing its dominant position with respect to the supply of a certain staple fibre to spinners

NCLAT sets aside CAIT plea against CCI nod to Walmart's $16-billion acquisition of Flipkart
Business

NCLAT sets aside CAIT plea against CCI nod to Walmart's $16-billion acquisition of Flipkart

The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed a petition filed by traders' body CAIT against CCI nod to Walmart's $16-billion acquisition of Flipkart

NCLAT upholds CCI order on Adani Gas for abuse of dominant position in supply of piped natural gas
Business

NCLAT upholds CCI order on Adani Gas for abuse of dominant position in supply of piped natural gas

The NCLAT has upheld the fair trade regulator CCI's order, holding Adani Gas Limited (AGL) "guilty of of abuse of dominant position" while supplying piped natural gas to industrial customers in Faridabad

Tata Motors, two group finance firms accused of antitrust violations in India; company denies allegations, to support enquiries
Business

Tata Motors, two group finance firms accused of antitrust violations in India; company denies allegations, to support enquiries

The latest complaint alleged Tata Motors broke rules by working in concert with Tata Motors Finance and Tata Capital Financial Services while advancing dealer credit.

GMR Infra shares soar over 12% after CCI gives approval for group's proposed 49% stake sale in its airport business
Business

GMR Infra shares soar over 12% after CCI gives approval for group's proposed 49% stake sale in its airport business

Shares of GMR Infrastructure on Monday surged over 12 percent after the CCI gave approval for the GMR group's proposed 49 percent stake sale in its airport business to France's Groupe ADP

Data Societies: How information gives corporate giants power to threaten liberal democracies
Life

Data Societies: How information gives corporate giants power to threaten liberal democracies

The story of the Indian democracy is being shaped by the data economy in the urban milieu, with concerns for privacy of citizens and dignity of Indian labour.

Karnataka High Court grants interim stay on investigation ordered by CCI against Amazon, Flipkart
Business

Karnataka High Court grants interim stay on investigation ordered by CCI against Amazon, Flipkart

The Karnataka High Court on Friday granted an interim stay on the investigation ordered by the Competition Commission of India (CCI) against e-commerce giants Amazon and Flipkart for alleged violations of provisions of competition laws

Amazon moves Karnataka High Court seeking stay on investigation ordered by Competition Commission
Business

Amazon moves Karnataka High Court seeking stay on investigation ordered by Competition Commission

E-commerce giant Amazon on Monday moved the Karnataka High Court seeking a stay on the investigation ordered by the Competition Commission of India (CCI) against the company for alleged violations of provisions of competition laws

From receiving a leadership award from PM in 2016 to being snubbed by govt in 2019, much has changed for Amazon's Jeff Bezos
India

From receiving a leadership award from PM in 2016 to being snubbed by govt in 2019, much has changed for Amazon's Jeff Bezos

But apart from these policy and technical challenges surrounding Amazon, Bezos was greeted with a rather public snub by the Union Minister of Commerce Piyush Goyal, upon his offer to invest additional $1 billion to help small traders transition onto the online marketspace

Amazon will need more than $1 bn to win over merchants as anger mounts over private brands
News & Analysis

Amazon will need more than $1 bn to win over merchants as anger mounts over private brands

No fair play as Amazon, Flipkart, Swiggy, Zomato labels have unfair advantage, say merchants, restaurants

Amazon boss Jeff Bezos to be welcomed in India with new antitrust case filed by Competition Commission of India
News & Analysis

Amazon boss Jeff Bezos to be welcomed in India with new antitrust case filed by Competition Commission of India

Indian merchants have lobbied Prime Minister Narendra Modi to take tougher action against Amazon India and Flipkart.

Amazon, Flipkart to be investigated by Indian government for violations of competition law
News & Analysis

Amazon, Flipkart to be investigated by Indian government for violations of competition law

The CCI said its investigation unit should complete the Amazon, Flipkart probe within 60 days.