Competition Commission Of India

The warning came after the Competition Commission of India said Apple delayed filing responses sought by investigators for over a year, despite multiple extensions, according to a Reuters report

Fair trade regulator CCI on Tuesday approved home-grown private equity firm ChrysCapital's proposal to acquire a stake in Nash Industries (I) Pvt Ltd. Mumbai-based ChrysCapital is acquiring stakes through its three affiliates, ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Ltd. These entities invest in different sectors. "The proposed combination pertains to the acquisition by ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Limited (collectively, the Acquirers), collectively, of certain equity share capital of Nash Industries (I) Private Limited (Target)," the Competition Commission of India (CCI) said in a release. Nash Industries is engaged in the business of box build solutions and metal stamping. The acquirers are private equity investors, belonging to the ChrysCapital Group. "Commission approves acquisition by ChrysCapital Fund X, Two Infinity Partners and Blue wave Investments Limited, collectively, of certain equity share capital in

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

IndiGo had grounded thousands of flights across the country after being unprepared for stricter safety norms, which came into effect in November

The total number of combinations, or mergers, approved or disposed of in FY25 went up to 138 from 101 in the previous year

The Competition Commission of India has ruled that three Maharashtra liquor trade associations engaged in anti-competitive conduct by influencing prices and imposing restrictive conditions

The Delhi High Court has asked the Centre and CCI to explain the rationale behind allowing penalties based on global turnover after Apple argued that the provision is unconstitutional

The Delhi High Court issued notices to the CCI and the Centre to respond to Apple's plea challenging rules that allow penalties on a company's global turnover

In its plea, Apple is contesting amendments introduced in 2023 to Section 27(b) of the Competition Act, as well as the CCI's 2024 guidelines on determining monetary penalties

CCI has asked NCLAT to clarify whether the privacy safeguards outlined in its ruling apply to Meta's advertising-related data sharing, as the tribunal reviews challenges from Meta and WhatsApp

Appellate tribunal NCLAT has said the fair trade regulator Competition Commission of India has no power to examine into the disputes related to patent matters. Dismissing an appeal against a CCI order, in which the regulator had closed a complaint against Swiss pharma major Vifor International (AG), a two-member NCLAT bench said the 'Patent Act will prevail over the Competition Act'. Citing the earlier judgments, NCLAT said: "Considering the judgment of the Delhi High Court in the case of Telefonaktiebolaget LM Ericsson (PUBL) and the Supreme Court in the SLP No. 25026/2023, it is apparent that the CCI lacks the power to examine the allegations made against Vifor International (AG)." NCLAT, which is an appellate authority over the orders passed by CCI, said Vifor International had the patent for Ferric Carboxymaltose (FCM) injection, which is required for the treatment of Iron Deficiency Anaemia (IDA). "The Patent Act will prevail over the Competition Act in the facts of this case,

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 CCI's market study on AI urges companies to self-audit algorithms to prevent anti-competitive behaviour while promoting innovation and fair market practices

The Competition Commission of India (CCI) has launched a probe into PVR Inox after producers alleged it still charges a digital fee meant only for the shift to new technology

Fair trade regulator CCI on Tuesday approved Saudi Arabia's sovereign wealth fund PIF's proposal to acquire a majority stake in Olam Agri Holdings Ltd. Public Investment Fund (PIF), through its investment arm SALIC, is acquiring a stake in Olam Agri Holdings Ltd. PIF has assets under management of more than USD 925 billion. "The proposed combination involves the acquisition of SALIC's proposed indirect acquisition of 44.58 per cent and up to 64.57 per cent of the issued share capital of Olam Agri," the Competition Commission of India (CCI) said in a release. Saudi Agricultural and Livestock Investment Company (SALIC) is focused on farming and procurement, as well as importing commodities into the Kingdom of Saudi Arabia. It is present in India through LT Foods Ltd, wherein the investment arm owned a 9.22 per cent stake in the FMCG firm, which owns the 'Daawat' brand of basmati rice. "Commission approves the Saudi Agricultural and Livestock Investment Company's proposed indirect ..

CCI argued before NCLAT that WhatsApp's dominance stems from its vast user base and unmatched revenues, defending its Rs 213.14 crore fine on Meta over the 2021 privacy policy

CCI told the Supreme Court that Amazon's failure to disclose deal information under the Competition Act amounted to fraud, as the SC hears its appeal against a ₹200 crore penalty

Meta told NCLAT it was being punished by CCI for offering superior services and highlighted lapses in the watchdog's findings on WhatsApp's 2021 privacy policy case

Meta told NCLAT that integrating WhatsApp data enhances advertiser value and market leadership, adding CCI failed to prove abuse in its dominance case