Cci

Wednesday, May 22, 2024 | Last Update : 08:57 AM IST

Earlier, the CCI had absolved e-commerce major Flipkart of unfair practices using its dominant position.

NCLAT asks CCI to probe against Flipkart over allegations of unfair practices

The appellate tribunal has directed the CCI to ask its probe arm Director General (DG) to investigate into the allegations.

04 Mar 2020 11:49 AM

The CCI did not respond to a request for comment.

India reviewing anti-trust complaint against Maruti Suzuki: sources

Indian law says such practices are anti-competitive if they end up stifling competition and limiting consumer choices.

10 Jan 2020 10:21 AM

Quess Corp Group and its subsidiaries are engaged in various activities in the market for provision of facilities management services in India.

CCI gives nod to Amazon's 0.51 pc equity share acquisition of Quess Corp

The proposed transaction involves the acquisition of a minority non-controlling investment by the acquirer.

09 Sep 2019 1:46 PM

On the other hand, e-commerce market place players have said that the sellers are independent third party players.

CCI initiates market study on e-commerce

The CCI sought views of all stakeholders by September 30 as the study is still on.

30 Aug 2019 3:03 PM

The case was filed by Umar Javeed and Sukarma Thapar, who work as research associates at the CCI. (Photo: AP)

Indian junior antitrust researchers spark latest Google probe

The Competition Commission of India (CCI) ordered a full-blown investigation into Alphabet Inc’s Google in April.

09 Jul 2019 4:22 PM

In the Indian case, Google argued that Android was an open source platform and pre-installation obligations were “limited in scope”, the CCI order said.

Google appears to have misused Android dominance in India

The CCI also said the role of any Google executive in alleged abuse of the Android platform should also be examined.

29 Jun 2019 1:04 PM

CCI has powers to impose a penalty of up to 10 per cent of the company’s relevant turnover in the past three financial years if it agrees with the report’s findings. (Photo: AFP/ File)

CCI probe finds Monsanto abused dominant position: sources

The investigation unit’s report will now be reviewed by senior members of the CCI.

22 May 2019 2:26 PM

AIOVA, as mentioned in CCI order, is a group of over 2,000 sellers selling on e-commerce marketplaces such as Flipkart, Amazon, Snapdeal etc.

NCLAT to hear online vendors' plea against CCI order on Flipkart

NCLAT has also approved the delay of 12 days in filing appeal against the order of the CCI.

21 May 2019 1:13 PM

The probe would be completed in about a year and Google executives would likely be summoned to appear before the CCI in coming months. (Photo: AP)

India orders anti-trust probe of Google for alleged Android abuse

The CCI decided there was merit in the accusations made in the complaint and ordered its investigation unit to launch a full probe.

12 May 2019 12:13 PM

In a tweet, the Competiton Commission of India (CCI) said, "it approves the acquisition of up to 66.15 per cent of the total equity shareholding of Mindtree Ltd, on a fully diluted basis, by Larsen and Toubro Ltd".

CCI approves L&T's proposed acquisition of 66.15% stake in Mindtree

Deals beyond a certain threshold require clearance from the fair trade regulator CCI.

06 Apr 2019 10:06 AM

Upon completion of the acquisition, VBL will be a franchise of PepsiCo beverages business across 27 states and seven UTs.

Varun Beverages gets CCI nod to acquire PepsiCo's franchise rights

In February, VBL had announced its plans to acquire franchise rights of PepsiCo in southern and western regions.

25 Mar 2019 12:48 PM

Star Health set up in 2006 provides health insurance, overseas mediclaim and personal accident policies.

Sale deal in final stage of completion: Star Health

A consortium of WestBridge AIF, investor Rakesh Jhunjhunwala and Madison Capital signed agreements with the shareholders of Star Health.

19 Mar 2019 3:27 PM

Radiant Life Care and Max Healthcare had announced the proposed merger in a joint statement in December 2018

CCI clears Radiant Life Care-Max Healthcare merger

The combined entity will be valued at Rs 7,242 crore.

13 Mar 2019 4:27 PM

Suresh said that since Pakistan Prime Minister Imran Khan has not come out openly about the attack in Kashmir, it shows that they are at fault somewhere. (Representational Image)

‘Denounce India-Pak World Cup match’ says CCI secretary to BCCI

CCI secretary Suresh Bafna said that India should not play a match against Pakistan in the forthcoming World Cup.

17 Feb 2019 1:23 PM

At least 40 CRPF paramilitary troopers were killed in a terror attack while several others are battling for their lives. (Photo:PTI)

Cricket Club of India ‘covers’ Imran Khan portrait on its restaurant wall

The CCI, which is an affiliated unit of BCCI, is home to the iconic Brabourne Stadium

17 Feb 2019 9:53 AM

The European Commission found Google had abused its market dominance since 2011 with practices such as forcing manufacturers to pre-install Google Search and its Chrome browser.

India antitrust watchdog probes accusations that Google abused Android

The CCI has for the past six months been reviewing a case similar to one Google faced in Europe that led to a fine of 4.34 billion euro.

13 Feb 2019 10:25 AM

The MoU was inked on February 6 by CCI chairman AK Gupta and CEO, GeM, S Radha Chauhan. (Photo: ANI)

GeM and CCI join hands for fair environment in e-marketplace

Both CCI, GeM appreciate the importance of advanced analytical tools and processes for identification of malpractices like cartelisation.

08 Feb 2019 5:13 PM

The CCI had said Flipkart as well as Amazon did not break regulations through their selection of merchants and brands.

Online sellers to appeal against CCI's Flipkart ruling

AIOVA had complained that Flipkart was using its dominant position to favour select sellers.

13 Jan 2019 10:46 AM

MTNL chairman and MD Praveen Kumar Purwar.

CCI, Trai must check predatory pricing, unhealthy competition in telecom: MTNL chief

CCI has to decide the relevant market for 4G and the dominant player in that market.

04 Dec 2018 12:30 PM

On account of FDI restrictions, Walmart India can not engage in selling directly to consumers.

Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval

Traders' body CAIT against fair trade regulator CCI's approval for Walmart's USD 16 billion acquisition of Flipkart.

12 Nov 2018 4:30 PM

The regulator observed that the market place based e-commerce model is still a relatively nascent and evolving model of retail distribution in India.

Flipkart, Amazon not violating competition norms, says CCI

CCI said that the Flipkart marketplace is required to comply with conditions applicable to entities involved in the business of e-commerce.

08 Nov 2018 12:38 PM

For a cartel to operate as a hub and spoke, the CCI said there needs to be a conspiracy to fix prices, which requires existence of collusion in the first place.

CCI rejects price fixing claims against Ola, Uber

For the model followed by cab aggregators, estimation of fares are done by algorithms on the basis of large data sets.

07 Nov 2018 12:40 AM

Currently, the fair trade regulator is investigating allegations of similar pricing as well as simultaneous increase in ticket prices by the airlines.

CCI probing alleged fixing of airfares, looking at algorithms used by airlines

The cases pertain to steep fluctuations in airfares during the Jat agitation in Haryana and floods in Chennai.

01 Nov 2018 6:08 PM

IDBI Bank had said that LIC's open offer to purchase shares from the minority shareholders of the state-owned bank will kick-start from December 3.

LIC seeks CCI nod for IDBI Bank deal

LIC has offered to acquire 2,04,15,12,929 equity shares, representing 26 per cent of the fully paid-up equity capital of IDBI Bank.

31 Oct 2018 5:25 PM

Earlier this month, ArcelorMittal had offered Rs 42,000 crore to acquire Essar Steel.

CCI approves ArcelorMittal's acquisition of Essar Steel

The acquisition of Essar Steel is proposed to be undertaken through multiple steps.

20 Sep 2018 6:47 PM

In its appeal, CAIT has maintained that it had filed a detailed objection against this proposed combination before the CCI on several grounds.

Traders file plea against Walmart

CCI on August 8 appr-oved the proposed acquisition of Flipkart by Walmart.

29 Aug 2018 1:33 AM

Walmart announced in May it was acquiring about 77 per cent of Flipkart for roughly $16 billion in the biggest deal for India’s e-commerce sector.

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

09 Aug 2018 8:30 AM

Competition Appellate Tribunal, which had on November 22 stayed CCI's direction to pay 10 per cent of the penalty within a month of the order.

NCLAT dismisses cement-makers' plea against Rs 6,700 cr CCI penalty

CCI had imposed the highest penalty of Rs 1,175.49 crore on Aditya Birla group firm UltraTech.

25 Jul 2018 12:50 PM

Fair trade regulator CCI has disposed of allegations of unfair business practices against seven producers of Hindi films 'Padmaavat' and 'Padman' with regard to release date of the two movies.

CCI dismisses case against producers of 'Padmaavat' and 'Padman'

The fair trade regulator disposed of the case.

06 Jun 2018 6:23 PM

The CCI in February fined Google $20 million for abusing its position in online web search and also slammed the company for preventing its partners from using competing search services.

Google says India anti-trust ruling could cause 'irreparable' harm: Report

A new report has suggested that Google has found this type of ruling could cause a reputational loss to the company.

18 May 2018 8:22 AM

JSW Steel Limited and AION Investments Private II Limited had submitted a bid for MIEL under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code 2016.

CCI approves JSW-led consortium bid to acquire Monnet Ispat

JSW Steel is a part of the diversified USD 12 billion JSW Group, which has presence in steel, energy, infrastructure, cement.

12 May 2018 1:14 PM

Penalty amount of Rs 135.86 crore translates to 5 per cent of the company's average total revenue generated from India operations.

NCLAT stays CCI penalty of Rs 136 cr on Google in search bias case

Competition Commission imposed a penalty on Google for unfair business practices in online search market.

27 Apr 2018 11:45 AM

CCI had passed an order in January 2015 directing its investigation arm, the director general (DG), to probe the matter and submit its report.

Savings rates market-governed: CCI

Fair trade watchdog rules out any cartelisation among lenders in fixing savings bank interest rates.

25 Apr 2018 9:36 AM

Company's average total revenue generated from India operations from its different business segments for the financial years 2013, 2014 and 2015.

NCLAT reserves order on Google's plea to stay Rs 136 cr penalty by CCI

CCI had slapped a fine on Google for unfair business practices in the Indian market for online search.

23 Apr 2018 1:00 PM

The fair trade watchdog's majority order came after a detailed probe into the complaints filed against the Internet major in 2012.

Google appeals against CCI ruling

In February, Competition Commission of India (CCI) penalised Google for ‘infringing anti-trust conduct’.

11 Apr 2018 12:42 PM

The company's board agreed to issue comfort letter to provide Rs 7,266 crore in return for 98.43 per cent stake in BCL.

CCI clears UltraTech's acquisition of Binani Cement

UltraTech Cement will buy loan defaulter Binani Cement's stressed assets by providing Rs 7,266 crore.

28 Mar 2018 5:24 PM

Company said it has been declared as the successful resolution applicant by the committee of creditors of Bhushan Steel Limited on March 22, 2018.

Tata Steel wins bid for Bhushan Steel

Tata Steel has accepted the letter of intent for BSL under corporate insolvency resolution process of the IBC.

23 Mar 2018 11:23 AM

The two companies in separate regulatory filings to stock exchange BSE said that the CCI in its meeting on March considered and approved the proposed combination.

IDFC, Capital First merger deal gets CCI nod

Capital First will bring along with large retail network into infrastructure lender IDFC Bank.

10 Mar 2018 4:58 PM

Companies had also said that the transaction is likely to be completed in a phased manner by March 2018. (Photo: File/PTI)

CCI clears RCom's plans to sell infra assets to Jio

Jio nor RCom had divulged the size of the deal, sources have pegged the transaction value at Rs 18,000 crore.

09 Mar 2018 5:14 PM

Penalties of Rs. 39.81 crore, Rs. 9.45 crore and Rs. 5.10 crore were imposed upon Jet Airways (India) Ltd, InterGlobe Aviation Limited and Spice Jet Limited respectively.

CCI penalises airlines for fixing, revising cargo fuel surcharge

CCI also deprecated airlines for using FSC as a pricing tool which was essentially introduced to mitigate fuel price volatility.

08 Mar 2018 10:08 AM

A Google spokesman said the company was reviewing the “narrow concerns” identified by the Commission and will assess its next steps.

Google fined in India for abusing dominant position

Google was abusing its dominance in online web search and online search advertising markets, said CCI.

09 Feb 2018 8:18 AM

The exemption will also be applicable to their wholly- or partly-owned subsidiaries operating in the oil and gas sectors. (Photo:IOCL)

Oil, gas PSU mergers exempt from CCI approval

CCEA approved sale of govt's 51.11 pc stake in oil refiner HPCL to country's largest oil producer ONGC.

23 Nov 2017 12:50 PM

Trai is reviewing rules of tariff assessment, which among other issues, deals with promotional offers and predatory pricing.

Have power to settle competitive tariff issues: Trai to CCI

In February this year Trai had floated a consultation paper on Regulatory Principles of Tariff Assessment.

08 Aug 2017 10:28 AM

In terms of volume, 49.67 lakh shares of the company were traded on BSE and over 5 crore shares changed hands at NSE during the day.

Idea shares end 6.5 pc up on CCI nod to Vodafone India merger

The company's market valuation went up by Rs 2,143.44 crore to Rs 35,267.44 crore.

25 Jul 2017 5:15 PM

The telecommunications sector in India is witnessing significant consolidation after the entry of Reliance Jio last year.

Vodafone, Idea get CCI nod for merger

The $23 billion transaction is the largest transaction by value in the history of Indian M&A.

25 Jul 2017 2:55 AM

SoftBank said it has pumped in USD 1.4 billion (over Rs 9,079 crore) in Paytm

SoftBank's investment in Paytm gets CCI green signal

SoftBank's 20 per cent stake purchase in One97 Communications, which operates digital payments platform Paytm.

18 Jul 2017 7:16 PM

All the three agreements were entered into between the parties concerned in January 2016.

RJio seeks CCI nod for spectrum sharing with RCom

Company had entered into a pact with RCom for acquisition of right to use certain spectrum in the 800 MHz band.

20 Jun 2017 7:51 PM

Reliance Jio has disprupted telecom market.

Reliance Jio free services not predatory: CCI

Complaint pertained to free services offered by new telecom player and allegations that it indulged in predatory pricing.

17 Jun 2017 11:14 AM

CCI gives approval for Flipkart-eBay India deal

CCI has given nod to eBay Singapore's subscription of compulsorily convertible preference shares (CCPS) issued by Flipkart.

15 Jun 2017 8:31 PM

CCI rejects Airtel's complaint against Reliance Jio

Dismissing Bharti Airtel's complaint, the CCI said in a 17-page order that the company has not given any plausible explanation.

11 Jun 2017 1:04 PM

CCI said, while ruling that no prima facie case of contravention of the competition laws is made out against the two Reliance firms.

CCI rejects Airtel's complaint against RIL, Reliance Jio

Bharti Airtel's complaint alleging anti-competitive practices by Reliance Industries and Reliance Jio.

09 Jun 2017 6:45 PM

Vodafone India and Idea Cellular announced merger of their operations to create the country's largest mobile phone operator worth more than USD 23 billion with a 35 per cent market share.

Sebi seeks clarification over Idea-Vodafone merger

As part of the proposal, the British firm will own 45.1 per cent of the merged entity.

18 May 2017 4:07 PM

Tata Group has told CCI that the proposed transaction will not affect or change the competitive landscape of the telecommunications market in India.

Tata Group seeks CCI nod for buying out DoCoMo's stake in TTSL

DoCoMo, TTSL and Tata Sons had signed shareholder agreement in March 2009 for the business alliance.

18 May 2017 3:24 PM

The DTH industry as a whole has around 62 million active subscribers.

Dish TV gets CCI nod for merger with Videocon d2h

Dish TV, as per directions of the NCLT has convened shareholders' meeting on May 12 to secure their approval.

10 May 2017 4:49 PM

The watchdog has found the company violating competition norms by "imposing unfair/ discriminatory conditions in the matter of supply of non- coking coal to power producers. (Representational Image)

CCI slaps Rs 591 crore penalty on Coal India

The fair trade regulator has directed the coal behemoth to ‘cease and desist’ from anti-competitive practices.

24 Mar 2017 7:42 PM

RCom said it has already filed an application with the National Company Law Tribunal (NCLT), Mumbai Bench, for approval of the said scheme of arrangement.

CCI okays sale of Reliance Infra tower unit to Brookfield

RCom had said it will utilise the sale proceeds entirely to reduce debt.

23 Mar 2017 12:58 PM

Reliance communications Chairman Anil Ambani.

Reliance Communications-Aircel deal gets CCI nod

Transaction will reduce RCom's debt by Rs 20,000 crore (USD 3 billion), while Aircel's debt would go down by Rs 4,000 crore.

20 Mar 2017 12:03 PM

Reliance Group Chairman, Anil Ambani (Photo: File)

Reliance Aerostructure JV with Dassault Aviation gets CCI nod

Reliance Aerostructure Ltd will have 51 per cent shareholding in the JV while Dassault Aviation will hold 49 per cent.

06 Feb 2017 1:28 PM

CCI clears Micromax-Madison India deal

Fair trade regulator has also given nod to proposed JV between TDK Corp and Toshiba Corp.

27 Dec 2016 6:12 PM

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