Page 18 - Competition Commission Of India

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT

The e-commerce major made the submission before the National Company Law Appellate Tribunal (NCLAT), which is hearing its plea against the decision of the Competition Commission of India (CCI)

CCI penalises 7 entities for bid-rigging in tender related to SBI signage

Besides imposing fines totalling over Rs 1.29 crore on the 7 entiites and 9 officials, they have also been directed to cease and desist from indulging in anti-competitive practices

Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low

The CCI on Wednesday said Supreme Court dismissed a petition filed by tyre companies wherein they had challenged the regulator's order imposing penalties on them for anti-competitive practices

CCI says SC dismissed tyre companies' appeals against its order

In August 2018, the watchdog had imposed a total fine of more than Rs 1,788 crore on Apollo Tyres, MRF, CEAT, Birla Tyres, JK Tyre and Industries and Automotive Tyre Manufacturers Association (ATMA)

CAIT moves CCI against 'Chinese' firm Shopee for hurting Indian SMEs

CAIT Chairman Praveen Khandelwal said that Shopee is offering hefty discounts on various products by selling them at an extremely low price

CCI approves deal involving three GlaxoSmithKline group entities

The proposed deal involves the transfer of GlaxoSmithKline Asia Pvt Ltd's products and GSK Consumer Brands (indirectly) to GSK CH HoldCo

Amazon likely to face regulatory challenges to buy Catamaran JV

On August 09, 2021, the partners had announced their decision to not continue the JV beyond the end of its current term in May 2022

Future Retail's stock surges 20% on CCI order for Amazon

Future Retail's scrip jumped to a high of Rs 57.50 as against the previous close of Rs 47.95 on the National Stock Exchange

Sellers welcome CCI's suspension of 2019 Amazon-Future deal

Indian Sellers Collective (ISC) on Monday welcomed the Competition Commission of India's (CCI) order to suspend its approval for Amazon's deal with the Future Group signed in 2019, while seeking speedy resolution of pending cases against the multinational e-commerce platform and related parties. ISC, which claims to be an umbrella body bringing together trade associations and representative bodies of Indian sellers across the country, said the CCI's reversal "validates the double standards being practiced by foreign retailers". It exposed "how Amazon has been operating with double standards posing as a transaction platform while acting as a retailer in reality with the intent to control the country's retail market, it urges regulators to expedite all other pending cases against the company and its related parties", ISC said in a statement. ISC Member & National Coordinator Abhay Raj Mishra said CCI's reversal of order "reposes the faith in regulators against malpractices". "The ..

Apple seeks dismissal of India antitrust case, cites tiny apps market share

US tech giant tells Competition Commission of India 'without dominance, there can be no abuse' of market.

Amazon may take legal action against CCI order suspending deal with Future

Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago.

CCI suspends Amazon deal with Future, fines US giant Rs 200 crore

Says Amazon made false and incorrect statements while seeking approvals

CCI suspends Amazon's 2019 deal with Future, imposes Rs 202-cr penalty

CCI says Amazon provided 'false and incorrect information' and said it suppressed 'material facts' of 2019 Future deal; asks Amazon to again file detailed Form II within a period of 60 days

Top headlines: CCI setback for Amazon; 101 Omicron cases in India

The unprecedented step taken by CCI could have far-reaching consequences on Amazon's legal battles with now estranged partner Future

Controlling mergers in digital markets a challenge: CCI chief Ashok Gupta

'Merger reviews in technology markets need to be guided by case-specific economic evidence,' says Ashok Gupta.

CCI closes case against Intel; finds no evidence of unfair biz practices

The complaint was filed by Velankani Electronics Pvt Ltd, which is engaged in designing and manufacturing electronic products in India

Amazon officials tried to browbeat CCI by walking out of hearing: FRL

Future said it believes the CCI will not be intimidated by Amazon's arrogance, and will take action on its show cause notice against Amazon in accordance with law and rules

NCLAT stays Competition Commission's Rs 200 cr penalty on Maruti Suzuki

The amount has to be deposited with the Registrar of the National Company Law Appellate Tribunal (NCLAT)

Regulations needed to safeguard patient privacy, personal data: CCI

It said online pharmacies should adopt self-regulatory measures in the areas of collection, use, sharing of data and privacy

CCI releases key findings on market study of India's pharma sector

Necessary regulations needed to safeguard patient privacy, protect sensitive personal medical data, says CCI report