Competition Commission Of India

Competition Commission Of India News

CCI orders anti-trust probe against Flipkart and Amazon for deep discounting, preferential listing
Business

CCI orders anti-trust probe against Flipkart and Amazon for deep discounting, preferential listing

Fair trade regulator CCI on Monday ordered a probe against e-commerce majors Flipkart and Amazon for alleged malpractices

Competition Commission reviewing anti-trust complaint against Maruti Suzuki over car insurance
Business

Competition Commission reviewing anti-trust complaint against Maruti Suzuki over car insurance

India’s antitrust regulator is looking into allegations that Maruti Suzuki, the country’s biggest carmaker, pushes buyers to purchase insurance policies offered by the company, two sources with direct knowledge of the matter told Reuters

Maruti Suzuki allegedly pushed customers over buying insurance from company: Report
auto

Maruti Suzuki allegedly pushed customers over buying insurance from company: Report

Insurance plans recommended by Maruti were apparently more than other options in the market.

Adani Gas shares zoom nearly 8% after CCI approves stake-buy by French energy firm Total Group
Business

Adani Gas shares zoom nearly 8% after CCI approves stake-buy by French energy firm Total Group

Shares of Adani Gas zoomed nearly 8 percent on Friday after the Competition Commission gave approval to the acquisition of 37.4 percent shareholding and joint control by Total Group in the company

Competition Commission of India questions Amazon's bid to buy stake in Future Retail
News & Analysis

Competition Commission of India questions Amazon's bid to buy stake in Future Retail

The CCI sought justification from Amazon which could potentially delay approval of the deal.

Competition Commission probes Hyderabad airport operator GHIAL for unfair business ways
Business

Competition Commission probes Hyderabad airport operator GHIAL for unfair business ways

Competition Commission of India has ordered a detailed probe against Hyderabad international airport operator GHIAL for alleged abuse of dominant position and denial of market access to a leading MRO services provider

OYO to raise $1.5 bn  in Series F funding; money to be used for expansion in US, strengthening vacation rentals business in Europe
Business

OYO to raise $1.5 bn in Series F funding; money to be used for expansion in US, strengthening vacation rentals business in Europe

OYO Hotels and Homes is set to raise $1.5 billion (nearly Rs 10,650 crore), from its founder, Softbank and other investors as it gets ready to expand for expansion in the US and strengthening its vacation rentals business in Europe

CCI clears Japan-based Mitsubishi Corporation's stake increase to 25% in TVS Automobile Solutions
Business

CCI clears Japan-based Mitsubishi Corporation's stake increase to 25% in TVS Automobile Solutions

The Competition Commission of India (CCI) on Monday said it has given nod to Japan-based Mitsubishi Corporation for increasing stake in TVS Automobile Solutions to 25 percent

Competition Commission gives nod to Amazon's 0.5% equity share acquisition of Quess Corp
Business

Competition Commission gives nod to Amazon's 0.5% equity share acquisition of Quess Corp

Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by Amazon.com NV Investment Holding LLC

Prepare for new challenges, protect Indian cos from abuse by global firms: Nirmala Sitharaman tells CCI
Business

Prepare for new challenges, protect Indian cos from abuse by global firms: Nirmala Sitharaman tells CCI

Sitharaman flagged the issue of competition sans frontiers and at times, its adverse impact on Indian consumers

Govt-constituted panel suggests green channel CCI approval for deals under insolvency law
Business

Govt-constituted panel suggests green channel CCI approval for deals under insolvency law

Suggesting substantial changes to competition regulatory framework, a government-constituted high-level panel has recommended a green channel for automatic approval of certain combinations, including those under the insolvency law, by the Competition Commission

CCI dismisses abuse of dominance charge against ONGC over violation of competition norms
Business

CCI dismisses abuse of dominance charge against ONGC over violation of competition norms

CCI had ordered a probe against ONGC in June 2018 after prima facie finding the oil major in violation of competition norms

Google's latest antitrust probe in India sparked by two junior antitrust researchers
News & Analysis

Google's latest antitrust probe in India sparked by two junior antitrust researchers

The CCI ordered a full-blown investigation into Google for alleged abuse of its Android platform to hurt rivals.

Flipkart's legal spat with GOQii: Predatory pricing benefits net-savvy consumers but hurts small traders, offline shoppers
Business

Flipkart's legal spat with GOQii: Predatory pricing benefits net-savvy consumers but hurts small traders, offline shoppers

GOQii has won the first round by obtaining an order at the admission stage itself asking Flipkart to remove the impugned products from its website

Competition Commission of India imposes Rs 74 cr fine on Himalaya Drug, 3 others for anti-competitive trade practices
Business

Competition Commission of India imposes Rs 74 cr fine on Himalaya Drug, 3 others for anti-competitive trade practices

Himalaya Drug was fined Rs 18.59 crore while its three senior officials were fined a total of nearly Rs 4 lakh

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

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

CCI approves GlaxoSmithKline, Pfizer consumer healthcare joint venture
Business

CCI approves GlaxoSmithKline, Pfizer consumer healthcare joint venture

The Competition Commission on Friday said it has approved the formation of a joint venture for consumer healthcare products by pharmaceutical giants GlaxoSmithKline (GSK) and Pfizer

Competition Commission of India's probe finds Monsanto abused dominant position in the market to hurt rivals
Business

Competition Commission of India's probe finds Monsanto abused dominant position in the market to hurt rivals

CCI in 2016 ordered the probe after farm ministry and some local seed companies complained that Monsanto was charging unreasonably high royalty fees

CCI probes against Maruti: Resale price maintenance menace can be overcome through online sales
Business

CCI probes against Maruti: Resale price maintenance menace can be overcome through online sales

Maruti has an envious 50 percent share and is more vulnerable to the charge of harming consumer interest