Competition Commission Of India (cci)

A report by Competition Commission of India (CCI) on Artificial Intelligence has highlighted how AI tools could be getting used for unethical price manipulation and predatory pricing.

CCI’s case against ad agencies points to the persistence of cartels in Indian business

Impunity among companies to collude rises if laws are not enforced effectively, publicly and swiftly

CCI clears Manipal Group's stake purchase in Aakash Educational Services

Manipal Group through its affiliates, Manipal Health Systems and Manipal Education and Medical Group India (MEMG), will acquire stakes Aakash Educational Services.

CCI nod impact: Mahindra & Mahindra, Delhivery shares rise up to 2%

CCI approved M&M's acquisition of majority stake in SML Isuzu, and Delhivery's acquisition of majority stake in Ecom Express.

Competition Commission issues norms to assess predatory pricing practices

CCI now has a strong regulatory framework to deal with alleged predatory pricing and deep discounting activities in the market place. It will also help in assessing the complaints against some quick commerce and e commerce entities.

CCI raids ad giants GroupM, Dentsu, Interpublic Group over alleged price collusion: Report

The raids were being carried out in Mumbai, New Delhi and Gurugram, said the report

Samsung moves High Court to extricate itself from Amazon, Flipkart anti-trust probe

Samsung claims that the cloning of employee phones during the 2022 search and seizure operation was illegal and asks the court to restrain CCI from using the evidence so collected.

CCI findings on food delivery firms hit Zomato share price, Swiggy IPO enters final day of bidding

The Competition Commission of India found that Zomato and Swiggy breached competition laws with exclusivity arrangements favouring certain restaurants.

CCI approves JM Financial Group's Rs 2,138 crore acquisition of JMFCSL and JMFARC

These transactions involve JM Financial Limited first acquiring a major share in JMFCSL, which will then proceed to acquire a controlling interest in JMFARC.

CCI clears Rs 13,630-crore Mankind Pharma-Bharat Serums Vaccines deal

In July this year, Mankind Pharma announced that it will fully acquire Bharat Serums and Vaccines from private equity firm Advent International for around Rs 13,630 crore.

ADIF moves CCI against Google's 'anti-competitive practices' in online advertising

ADIF has challenged Google's dominant position and "purportedly abusive behaviour" in the online search advertisement and online display advertisement markets

CCI approves merger of Mangalore Chemicals & Fertilisers with Paradeep Phosphates

Mangalore Chemicals & Fertilizers Ltd (MCFL) is a company under the Adventz group and is engaged in the production and marketing of complex phosphatic fertilizers. Zuari Agro Chemicals Ltd holds 54.03 per cent stake in the company

CIC has powers to constitute benches, frame regulations, says SC

"The Chief Information Commissioner's powers to frame regulations pertaining to the constitution of benches of the commission are upheld as such powers are within the ambit of Section 12(4) of the RTI Act," the bench said.

CCI's probe finds Apple abused position in apps market: Report

The Competition Commission of India (CCI) has been investigating Apple Inc, opens new tab since 2021 for possibly abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system.

CCI to shortly come out with changes to competition rules

Speaking at a conference in the national capital, Competition Commission of India (CCI) Chairperson Ravneet Kaur on Friday said the regulator is focusing on advocacy efforts and capacity building.

NCLAT commences hearing Google's appeal against Rs 936 crore antitrust penalty

The appellate tribunal is expected to continue the hearing tomorrow, May 8. Senior advocate Sajan Poovayya appeared for the tech giant and gave an overview of Google play store's business model

Adani Power gets CCI's nod to acquire Lanco Amarkantak Power

Adani Power proposes to acquire 100 per cent share capital and control of the Lanco Amarkantak Power, pursuant to the corporate insolvency resolution process (CIRP) initiated under the Insolvency and Bankruptcy Code, 2016 (IBC), according to a release.

CCI declines interim relief to Indian app developers in Google app billing case

Last week, CCI ordered an investigation into Google's user choice billing system following complaints from local developers.

Explained - How CCI's new penalty guidelines will impact investigations against Big Tech

These guidelines and regulations were introduced pursuant to

Govt notifies settlement, commitment provisions under competition law

The Competition Commission of India (CCI) has also notified the regulations pertaining to these provisions.

CCI junks abuse of dominance plea against Ola electric, Hero, TVS and Ather

The petitioner had alleged that the companies were pricing their vehicles in violation of the subsidy under FAME provisions, making the market uncompetitive for small manufacturers.

CCI gives approval for AU-Fincare merger

AU SFB on October 30 announced that Fincare SFB will merge with the bank in effect from February 1, 2024.

Pernod Ricard faces India antitrust probe for boosting market share-documents

The Competition Commission of India (CCI) has been pursuing the matter actively since early this year after senior members reviewed the case filed by Pernod's Indian rival, Radico Khaitan, and found merit in its allegations, a source with direct knowledge said.

CCI slaps Rs 55 lakh penalty on ADIA, TPG Group

The transaction pertains to the combination comprising the acquisition of a stake in UPL SAS by Platinum Trust and TPG Upswing through the Upswing Trust, the CCI said in the order.

Competition Commission approves Tata Capital merger plan

TCL is an RBI-registered non-deposit-accepting core investment company (CIC) which holds investments in its subsidiaries, which are engaged in lending and offering a wide array of services and products in the financial services sector.