On February 28, 2022, the CCI recorded a prima facie view that the conduct warranted scrutiny and directed its Director General to investigate under Section 26(1) of the Act
Apple has moved the Delhi High Court to block India's antitrust watchdog from seeking its global financial records amid a probe into App Store practices
Apple is contesting rules that allow the Competition Commission of India (CCI) to impose penalties retrospectively based on a company's global turnover
The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case
The Commission found that the quotation of identical prices, timing of submission of financial/commercial bids and similar prior conduct support the conclusion of concerted action
A US federal court has rejected the FTC's attempt to break up Meta, ruling that Instagram and WhatsApp can remain under the company's control - a major blow to regulators targeting Big Tech dominance
Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date
The case was triggered by a complaint from state-run Oil and Natural Gas Corporation in 2023, related to bidding of certain tenders by the steel pipe companies
In internal emails revealed in court, Meta CEO Mark Zuckerberg admits Facebook's cultural relevance is slipping, calling its friend-based model outdated and less engaging
The March 18 surprise searches followed tip-offs under a leniency scheme by the CCI that reduces penalties for companies providing evidence, Reuters has reported, with Dentsu one of those applying
Meta CEO Mark Zuckerberg testifies in antitrust trial, defending Instagram and WhatsApp acquisitions amid FTC claims of stifling competition; a potential breakup looms
While the court ruling is a win for the German antitrust watchdog, the crackdown by powerful EU regulators is more of a threat to Big Tech, said Assimakis Komninos, a partner at White & Case
With that, Apple joins Google parent Alphabet and Facebook owner Meta on Germany's growing list of tech giants subject to possible measures curbing their dominance
Apple's Safari and Google's Chrome browsers dominate the market, it said, with Safari accounting for 88% of browsers on Apple devices and Chrome accounting for 77% on devices running Google's AOS
"The proposed amendments aim to strengthen the regulatory framework governing the recovery of monetary penalties, enhancing procedural clarity and efficiency," said CCI chairperson Ravneet Kaur
