Competition Commission Of India

Friday, Apr 19, 2024 | Last Update : 10:50 PM IST

Competition Commission of India

Dilip Cherian | Ministers, babus concentrate on development at Chinese border

1,400 border villages have been identified and ministers will visit to understand issues faced by people there

16 Mar 2023 12:00 AM

Prior to the BillDesk deal, PayU had acquired CitrusPay, Paysense, and Wibmo. With the BillDesk deal, Prosus’ investment in India would have gone up to over $10 billion. — Representational Image/Pixabay

PayU calls off $4.7 bn deal to buy BillDesk

If the deal was closed, the duo would have become one of the largest online payment providers globally

04 Oct 2022 9:57 AM

Hober Mallow Trust is a private trust owned by Infosys co-founder N. R. Narayana Murthy and his wife and the investments are held through Catamaran Ventures, according to Catamaran officials. — DC Image

CCI nod for Amazon buying Cloudtail stake

Amazon Asia-Pacific has proposed to acquire a 76 per cent stake in Prione Business

11 Mar 2022 8:14 AM

The NCLAT issued notices to the CCI and Future Coupons in the plea and asked them to submit replies within 10 days. The case will be heard on February 2. — DC Image

NCLAT issues notices to CCI, Future Coupons on Amazon plea

The appellate tribunal admitted the petition filed by Amazon challenging the CCI order

14 Jan 2022 9:27 AM

Swiggy said that it only operates as an intermediary and the prices displayed on the platform are directly uploaded by its partner restaurants. (Representative Image)

Complaint against Swiggy for overpricing unsubstantiated, says Competition Commission

Swiggy was accused of overcharging customers but the company said it's restaurants that decide the pricing.

22 Jun 2020 7:22 PM

Flipkart has approached the Karnataka High Court seeking a stay on the Competition Commission of India’s probe against it regarding violation of anti-trust laws. Amazon had earlier approached the court and secured a stay on the investigation..

Flipkart also moves HC against CCI investigation

In its petition, Flipkart claimed that the CCI probe is without initial evidence on whether the company's practices were harming competition.

22 Feb 2020 6:33 AM

The complaint was filed against GHIAL and GMR Aero Technic Ltd (GAT), a wholly-owned subsidiary of GMR Aerospace Engineering Ltd. The latter is a wholly- owned subsidiary of GMR.

Competition panel probes Hyderabad airport operator GHIAL for unfair biz ways

The order against GHIAL has come on a complaint filed with the watchdog by Air Works India (Engineering) Pvt Ltd.

22 Oct 2019 1:06 PM

As a market regulator, it would give us insights into what we need to be watchful of, and what we need to do. This, would also enable the Commission to craft a competition advocacy strategy and recommendations tailored to the needs of the telecom sector, said CCI Chairman Ashok Kumar Gupta.

CCI to conduct study on telecom sector amid changing market dynamics

India's telecom sector has witnessed a churn with stiff competition, especially after the entry of Reliance Jio.

13 Oct 2019 4:56 PM

Time has come for the regulator to suo moto examine the impact of global firms on the domestic market in terms of competition, FM Nirmala Sitharaman. (Photo: File | ANI)

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

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

23 Aug 2019 3:04 PM

The CCI and the four auditors did not immediately respond to a request for comment.

Government wants antitrust review of ‘Big Four’ accountants: source

CCI should look into dominance of these four global auditors and whether they are thwarting competition.

22 Jul 2019 1:29 PM

The board of Lakshmi Vilas Bank had approved the merger with Indiabulls Housing Finance in which shareholders of the bank will get 14 shares of Indiabulls Housing Finance for every 100 shares they hold.

Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod

In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal.

21 Jun 2019 11:24 AM

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

Filmmakers come to Ronnie Screwvala’s support

IMPPA has extended their support to Ronnie for stopping the VPF charges.

03 Apr 2019 12:41 AM

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

Calls to Shalabh Seth, the managing director of SABMiller in India at the time of the AB InBev acquisition, went unanswered. He now works for United Breweries.

Beer firms to face price fixing probe

Sudhir Mittal, chairman of the CCI, did not respond to a request for comment.

26 Oct 2018 1:14 AM

Fair Trade regulator CCI said on Monday it has approved additional share purchase by Ola founders, Bhavish Aggarwal and Ankit Bhati, in ANI Technologies, which owns the cab aggregator.

CCI approves founders additional share purchase in Ola

Merger and acquisitions beyond a certain threshold require the approval of the CCI.

15 Oct 2018 7:26 PM

The National Company Law Appellate Tribunal (NCLAT) has asked US retail major WalMart and e-commerce major Flipkart to explain their way of doing business in India.

NCLAT wants to know India business models from WalMart and Flipkart

It has also asked trader's body CAIT to file its understanding over the Walmart's business model in India.

07 Sep 2018 4:03 PM

Having cleared global retail giant Walmart's USD 16 billion acquisition of home-grown Flipkart, fair trade watchdog CCI has opined that complaints about the deal violating FDI rules "may merit policy intervention" but do not fall under its ambit.

Walmart-Flipkart deal: CCI says no bar on it to probe discounting practice

In its detailed order clearing the deal, the CCI has said it is "not likely" to have an appreciable adverse effect on competition in India.

12 Aug 2018 1:26 PM

Competition Commission has ordered a probe against broadcasters -- Star India and Sony Pictures Network India. (Photo: Best Media)

CCI to probe Star India, Sony Pictures for unfair business ways

The regulator has ordered a detailed investigation on a complaint filed by Noida Software Technology Park Ltd.

30 Jul 2018 7:48 PM

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Mohan Guruswamy