The breach is seen as a violation of confidentiality protocols, with potential implications for the credibility and timeline of the final order.
Overly restrictive regulations can stifle economic activity and undo the good done by the economic reforms of the nineties
An effective S&C mechanism must balance two competing interests - the CCI’s aim of eliminating anti-competitive harm and preventing recurrence, and the investigated parties’ desire to secure a clean chit in the quickest possible time, with little to no change to their business models.
Globally, there is a convergence of laws governing competition and data protection and privacy. With the new Bill, India appears to have taken the same path.
One of the changes being considered is the introduction of forward-looking regulation for digital markets, but finding a balance to ensure overregulation does not stifle growing companies while maintaining a healthy competitive environment will pose a challenge.
The changes are intended to make the Competition Commission of India (CCI) robust and nimble. What does this mean, in practice, for corporate India?
The introduction of the deal value threshold, a settlements and commitments system, and provisions capturing hub and spoke cartels, seek to align the Competition Act with global competition regimes
The government has set up a panel to draft a new digital competitive law. But it needs to ensure that it has considered all the issues and nuances while framing the Act
The interest of consumers, rather than those of narrow interest groups, must stay central to India’s competition law and policy
What the CCI does has assumed great significance amid rapid growth of technology and e-commerce domains as well as increasing mergers and acquisitions (M&As) across industries.
The Competition Amendment Bill aims to bring sweeping changes to India’s Law, setting new checks on abuse of dominance, purchase of controlling stakes and M&A agreements by companies and much more. Nisha Poddar is in conversation with CCI Chairman, Ashok Kumar Gupta to share more details on the bill
The setback faced by Amazon is also likely to act as a cautionary tale for others who are likely to seek CCI approval in line with regulatory compliance, legal experts believe.
CCI observed that the complainants are primarily aggrieved that Tata Motors has imposed unfair terms and conditions in the dealership agreement for commercial vehicles in abuse of its dominant position in contravention of the provisions of Section 4 of the Competition Act.
The competition law does not apply to the exercise of sovereign functions by the government. However, if it did, many of State's actions during the pandemic would have come under severe censure
Soaring high-value M&A deals in the digital space that skip antitrust merger review have spurred a global debate on how fitting merger control thresholds really are
A bench of Chief Justice G Rohini and Justice Sangita Dhingra Sehgal also issued notice to Mumbai-based M/s Best IT World (India) Pvt Ltd which had alleged before Competition Commission of India (CCI) that Ericsson was abusing its dominant position, seeking its response by November 7.
After finding that the company is not a dominant position and there is enough competition in the relevant market - 'market for provision of international mobile data services in Mumbai' - the watchdog has rejected the complaint.
His comments came against the backdrop of some entities moving courts in matters involving competition law and allegedly contesting the jurisdiction of CCI in a particular issue.
The CCI was probing alleged anti-competitive practices of DLF in its "New Town Heights" project in Gurgaon.
The CCI has imposed a penalty of Rs 2544.64 crores on 14 auto companies for distorting fair competition and charging arbitrary and higher prices for spare partsd
This penalty, worth Rs 1 crore, is primarily for implementing part of the commercial agreement with Jet Airways even before the CCI‘s approval came in.
In the order the commission has mentioned very specifically that if ever in future the commission finds that either of the companies or this combination is having any implications or impact on competition then action could be taken against them.
It is not known at what stage regulatory approvals are, or whether the parties have even approached the regulator so far. But competition lawyers feel the CCI is likely to examine the deal to see if there is any appreciable adverse effect on competition.
The Competition Commission of India (CCI) has asked its Director General, the regulator's investigating agency, to initiate a probe in respect of allegations regarding violation of various provisions of the Competition Act by the DDA.
The RBI version, the Competition Act version, and now the Commerce Ministry version- all offering different definitions of Group Company. The latest one by the Commerce Ministry has come after a 3 year long wait.